Biz News Flash
China Unicom expects subscriber surge after iPhone launch
(Xinhua)
Updated: 2009-10-31 16:15
China Unicom, the country's second largest telecom operator, is expecting a big rise in its subscriber number after it launched the country's first official sales of iPhone Friday night.
Analysts Saturday estimated the monthly rise to be 1.8 million in November, a sharp increase from September's 935,000.
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Up until the end of September, China Unicom has 140 million subscribers, much less than China's Mobile's 500 million.
Net profit of China Unicom hit 3.1 billion yuan ($453.8 million) in the first nine months this year, according to the company's Q3 report released late Friday.
Its Q3 profit stood at 909 million yuan, however the company failed to provide the year-on-year ratio due to different comparable bases.
