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China United Network Communications Group (China Unicom) is a Chinese state-owned telecommunications operator. Originally founded as a wireless paging and GSM mobile operator , it currently provides a range of services including mobile network, long-distance, local calling, data communication, Internet services, and IP telephony.
The FCC in 2022 revoked China Unicom America's authorization to operate in the United States. In 2019, the FCC rejected China Mobile bid to provide U.S. telecommunications services.
The telecommunications industry in China [note 1] is dominated by three state-run businesses: China Telecom, China Unicom and China Mobile. The three companies were formed by restructuring launched in May 2008, directed by the Ministry of Information Industry (MII), National Development and Reform Commission (NDRC) and the Minister of Finance .
The FCC previously barred approvals of new telecommunications equipment from China's Huawei Technologies and ZTE and other companies saying they pose "an unacceptable risk" to U.S. national security.
114 – Directory assistance, operated by China Unicom for the northern 10 provinces, and China Telecom for the southern 21 provinces. China Unicom also operates 116114, and China Telecom 118114 that provide the same service as 114. 116xxx – Premium service of China Unicom (e.g. 116114) 118xxx – Premium service of China Telecom (e.g. 118114)
A Chinese court sentenced the former head of one of the country's three major state-owned phone carriers to 16 years in prison Tuesday on charges of accepting bribes and abusing his authority ...
A related Executive Order 14032 ("Addressing the Threat From Securities Investments That Finance Certain Companies of the People's Republic of China") was signed by President Joe Biden on June 3, 2021. The national emergency declared by E.O. 13959 remains in effect and has been expanded by E.O. 14032.
Shares of China Unicom (NYSE:CHU) decreased by 1.83% in the past three months. Before we understand the importance of debt, let us look at how much debt China Unicom has.China Unicom's Debt Based ...