Unit sale boosts Unicom profit
Net profit at China Unicom Ltd, which will debut its 3G services in 55 cities nationwide in May, jumped 58 percent year on year, boosted by the sale of a wireless unit to China Telecom Corp Ltd.
The country’s No. 2 mobile carrier aims to invest 110 billion yuan (US$16.17 billion), a 56-percent growth year on [...]