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china united network-a (600050) Snapshot

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china united network-a (600050) Details

China United Network Communications Limited operates in the telecommunication industry in the People's Republic of China. The company offers mobile communication services, including global system for mobile communications and 3rd-generation services; and traditional fixed network services, as well as fixed network broadband and data communication services. It has 12,260 million mobile subscribers; and 8,764.3 million fixed-line subscribers. The company was founded in 2001 and is based in Shanghai, the People’s Republic of China.

Founded in 2001

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china united network-a (600050) Key Developments

China United Network Communications Limited to Report Q1, 2015 Results on Apr 24, 2015

China United Network Communications Limited announced that they will report Q1, 2015 results on Apr 24, 2015

China Unicom Denies Merger Reports With China Telecom

China United Network Communications Limited (SHSE:600050) announced on April 20, 2015, that there was no plan for a merger with China Telecom Corp. Ltd. (SEHK:728). With confirmation from China United Network Communications Group Co.,Ltd , China Unicom said it had not received any written or oral information relevant to the media report about restructuring China's telecom industry from the government. China Unicom added that its controlling shareholder and itself did not deliver such an intention to any government department or enterprise.

Huawei and China United Network Communications Limited Sign Smart Home Gateway Development Agreement

Huawei announced it has signed a Smart Home Gateway Joint Development Framework Agreement with the Research Institute of China United Network Communications Limited (China Unicom). This marks the joint effort of both parties to innovate new techniques and standards for smart home networks, further enhancing their cooperation in this field. The China Unicom "Smart WO Home" business will make use of the FTTH high speed network and intelligent platform, a key component in the smart home network. The smart home gateway is the entry point to the household internet and provides users with a full range of smart home services, including home security, home appliance control, health monitoring and home entertainment. Through this partnership, China Unicom Research Institute and Huawei will jointly promote the innovation of the FTTH smart home gateway as the standard for smart services, providing "Smart WO Home" for users.


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600050:CH CNY9.25 CNY +0.23

600050 Competitors

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Company Last Change
China Telecom Corp Ltd $5.36 HKD +0.05
China Unicom Hong Kong Ltd $13.64 HKD +0.10
HKT Trust & HKT Ltd $9.99 HKD -0.01
Hutchison Whampoa Ltd $117.90 HKD +1.80
MNC Media Investment Ltd $0.90 USD 0.00
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Valuation 600050 Industry Range
Price/Earnings 49.8x
Price/Sales 0.7x
Price/Book 2.5x
Price/Cash Flow 49.8x
TEV/Sales NM Not Meaningful

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