Rumor: Unicom to Expand WCDMA Equipment Contracts

Netease Tech, 5/07/09

An informed source has revealed that as China Unicom (NYSE: CHU, 0762.HK) continues WCDMA network construction in 56 core cities, construction in another 228 cities has also begun. According to internal company data, these 228 cities will not see additional bidding, but will have work allocated according to previous bidding results in order to accelerate the speed of development.

Editor's Note: The previous WCDMA bidding results were: Huawei 30%, Ericsson nearly 27%, ZTE approximately 21%-22%, Nokia Siemens Networks 12% and Alcatel-Lucent 11%. For more background on the bidding results, please see "China Unicom Finalizes WCDMA Bidding Results", MD 1/23/09 issue.

Keywords: ASB 0762.HK bidding China Unicom CHU Ericsson Huawei network construction Nokia Siemens Networks WCDMA wireless ZTE 3G 600050.SH

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