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johnsyn

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johnsyn

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Wednesday, 08/24/2011 8:21:29 AM

Wednesday, August 24, 2011 8:21:29 AM

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5:57 AM China Unicom (CHU): H1 net profit of 2.65B yuan ($415M), more than double consensus of 1.28B. Revenue of 101B (+23% Y/Y) beats by 2B. ARPU rose 9% to 46.8 yen on 3G growth; CHU - the only China operator to offer the iPhone (AAPL) - added 9.9M 3G users in H1 to 25.8M, vs. CHL's 37.6M and CHA's 23.6M.
SEEKING ALPHA/MARKET CURRENTS
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