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In February 2000 a subsidiary "China Unicom Hong Kong" was incorporated in Hong Kong and was listed on the Hong Kong Stock Exchange on June 22, 2000. [citation needed]The intermediate parent company "China Unicom (Hong Kong) Limited" was "China Unicom Limited", As of 31 December 2001, the BVI company owned 77.47% shares of China Unicom (H.K.).
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 .
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)
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.
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In 2015, China Telecom formed a joint venture China Tower with fellow state-owned telecommunication companies China Mobile and China Unicom. [ 10 ] [ 11 ] China Tower, which was the largest telecommunications tower group by revenue, became a separate listed company in 2018. [ 12 ]
On June 2, 2008, Netcom announced its intention to merge with China Unicom, after the latter sold its CDMA network to China Telecommunications Corporation. The combined company has all the assets of China Netcom, plus Unicom's nationwide GSM network with 125 million subscribers, as well as its smaller dial-up and ADSL ISP business. [4]
Liu, 54, an electronics and information technology veteran who also serves as China Unicom's chairman, will take the helm of the National Data Bureau in the coming days, the sources told Reuters.