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China Unicom sees 2010 revenues up, profit down

Chloe Yu, Taipei; Adam Hwang, DIGITIMES Asia 0

China Unicom has reported 2010 consolidated revenues of CNY171.30 billion (US$25.3 billion) growing from 2009 by 11.3% but net profits of CNY3.85 billion dropped 59.7% mainly because of spending in subsidizing handset purchases, according to the comp...

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