China Unicom

China Unicom triples profit across 2017

China Unicom has released its financials for 2017 and it is looking like a money making machine again. Revenues were up marginally, profit tripled and free cash flow grew 1628% compared to the previous 12 months.

ZTE almost doubled profits in 2014

Chinese telecom kit vendor ZTE has announced preliminary full-year financial results showing 94.2% increase in in net profits for 2014. However, the firm’s annual revenue is expected to grow at a more modest rate with an 8% increase compared to 2013.

China Unicom, Huawei to work on cloud tech

The cloud platform division of China Unicom signed a strategic cooperation agreement on Software Defined Networking (SDN) innovation with local kit vendor Huawei this week.

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