Thursday, April 26, 2007

UPDATE 1-China Unicom Q1 net up 41 pct on lower costs

(Reuters) - With its CDMA standard network -- which is about a third the size of its GSM business -- turning profitable for the first time last year, the company has more room to focus on growth this year, analysts said.

Unicom , the country's lower-cost wireless provider, earned 1.96 billion yuan in the three months ended March, versus 1.39 billion yuan a year earlier, it said in a statement on Thursday.


Read more at Reuters.com Market News

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