Company Study of China Unicom
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The new subscribers of China Unicom reached 1.623 million in Apr 2007, among which GSM network subscribers were 1.14 million and, CDMA network 483 thousand.

The value-added business of China Unicom developed rapidly in the past three years, increasing from RMB 7.4 billion in 2004 to RMB 17.3 billion in 2006, and the CAGR reached 52.9%. In addition, the proportion of the value-added business to the total revenue increased continuously, rising from 11.1% in 2004 to 22.1% in 2006.

The ARPU of GSM network and CDMA network subscribers of China Unicom was RMB 46.8 and RMB 58.6 respectively in the first quarter of 2007, down 5.3% and 14.5% year-on-year. The MOU of GSM network and CDMA network subscribers was 237.2 minutes and 257.4 minutes respectively, up 8.4% and 2.5% respectively from a year earlier.

Monthly New Subscribers of China Unicom, Jan 2004-Apr 2007


Comparison of China's Four Telecom Operators by Revenue, 2005-2006


1 New Subscribers of China Unicom
1.1 Development of new subscribers
1.2 Rapid increase trend of new subscribers

2 ARPU Forecast in 2007H2
2.1 Ratio of value-added business
2.2 ARPU forecast in 2007H2
2.3 Mobile telecom income

3 Market Value of China Unicom
3.1 China Unicom - A Share
3.2 Market share of China Unicom
3.3 Market value

4 China Mobile, China Telecom and 3G
4.1 Industry competition
4.2 Relationships among China Mobile, China Telecom and 3G
Monthly New Subscribers of China Unicom, Jan 2004-Apr 2007
Monthly New Subscribers Market Share of China Unicom, Jan 2004-Apr 2007
Ratio of Value-added Service Revenue to Total of China Unicom, 2004-2006
Short Message Amount of China Unicom, 2004-2006
CRBT Subscribers of China Unicom, 2004-2006
CDMA 1X Subscribers of China Unicom, 2004-2006
Comparison of China's Four Telecom Operators by New Subscriber, 2006
Comparison of China's Four Telecom Operators by Revenue, 2005-2006
Comparison of China's Four Telecom Operators by Net Profit, 2005-2006
Comparison of China's Four Telecom Operators by Market Value, 2006
ARPU and MOU Comparison between China Unicom and China Mobile, 2006-2007

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