0
General

China Unicom to spin-off of Smart Connection unit, provide inaugural dividend after improved H1

Thursday 19 August 2021 | 15:23 CET | News
China Unicom is considering the spin-off and separate listing of its Smart Connection Technology unit, onto a mainland China stock exchange. The spin-off would be taking place if approved under the rules of the Hong Kong Stock Exchange. To this end, the company will be submitting an application to that exchange as soon as possible. China Unicom has a stake of 69.2 percent in the unit, a specialist in the Internet of Vehicles, including smart connections, operations and applications. China Unicom would after the transaction remain the company's controlling shareholder. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: General
Companies: China Unicom
Countries: China
::: add a comment
This article is part of dossier

5G


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

ZTE, China Telecom complete 5G commercial verification on 40MHz in 2.1GHz band

Published 03 Aug 2021 11:21 CET | China
ZTE said it has taken the lead in verifying the large-scale commercialisation of 40MHz FDD NR on the 2.1GHz frequency band, ...

China Unicom, Huawei deploy 1,000 5G Super Uplink sites

Published 26 Jul 2021 07:30 CET | China
China Unicom Beijing and Huawei report they have deployed Super Uplink at more than 1,000 commercial sites in Beijing as part of ...

China Unicom, Huawei launch OTN P2MP private line for optical smart buildings

Published 21 Jul 2021 13:26 CET | China
The Guangdong branch of China Unicom (Guangdong Unicom) and Huawei have launched an OTN point-to-multipoint (P2MP) private line ...

Huawei, China Unicom deploy outdoor OptiX SuperSite service for commercial use

Published 15 Jul 2021 10:17 CET | China
The Qinghai branch of China Unicom (Qinghai Unicom) and Huawei have jointly completed the deployment of an outdoor OptiX ...

Chinese operators add more than 30 million 5G customers in May

Published 22 Jun 2021 11:46 CET | China
China Telecom added 2.85 million mobile subscribers in China in May this year, and ended the month with a total of 360.67 million ...

China Unicom CFO resigns

Published 21 Jun 2021 07:36 CET | China
China Unicom (Hong Kong) has announced that Zhu Kebing has resigned from his position of executive director and chief financial ...

China Unicom board director resigns

Published 14 Jun 2021 06:47 CET | China
China Unicom (Hong Kong) has announced that Li Fushen has resigned from his position as an executive director of the company, ...

China Unicom, ZTE complete Intelligent Radio Network Orchestration trial

Published 11 Jun 2021 10:55 CET | China
ZTE and China Unicom have completed a commercial trial of the Intelligent Radio Network Orchestration Solution, with both user ...

US govt extends investment ban on 59 Chinese companies

Published 04 Jun 2021 11:26 CET | China
The US government has updated its list of Chinese companies in which US-based companies and individuals are banned from ...

China Unicom, Huawei demo 5G ubiquitous Gigabit network at National Stadium

Published 17 May 2021 06:41 CET | China
China Unicom Beijing and Huawei have unveiled a 5G indoor ubiquitous Gigabit network in the National Stadium, during the ...

China Unicom's Q1 profit jumps 21%, adds nearly 3.5 mln mobile billing subscribers

Published 22 Apr 2021 07:12 CET | China
China Unicom posted total service revenue of CNY 73.924 billion for the first quarter of this year, which represents an increase ...

China Unicom's H1 service revenue grows 4%, not to pay interim dividend

Published 13 Aug 2020 10:03 CET | China
China Unicom posted service revenue of CNY 138.3 billion for the first half of 2020, which represents an increase of 4 percent ...





Calendar   /   Industry Events

26 Oct Cabsat
26 Oct MWC Los Angeles
27 Oct Spotify Q3 2021
27 Oct Twilio Q3
27 Oct Netgear Q3
27 Oct Ooredoo Q3 2021
27 Oct Megacable Q3
27 Oct Vertiv Q3
27 Oct TIM Q3 2021
27 Oct Hrvatski Telekom Q3 2021
27 Oct Android Dev Summit
27 Oct Digital Utilities Europe 2021
28 Oct Nokia Q3 2021
28 Oct Telenor Q3 2021
28 Oct Swisscom Q3 2021
28 Oct Telenet Q3 2021
28 Oct CyrusOne Q3
28 Oct Telefonica Brasil Q3
28 Oct STMicroelectronics Q3
28 Oct Comcast Q3
28 Oct Rovio Q3 2021
28 Oct MTN Nigeria Q3 2021
28 Oct Millicom Q3 2021
28 Oct American Tower Corporation Q3
28 Oct HKBN FY results
28 Oct Amazon Q3
28 Oct Samsung Electronics Q3 2021
28 Oct CoreSite Q3 2021
28 Oct Airtel Africa Q3 2021
28 Oct Poly fiscal Q2
28 Oct Veon Q3 2021
28 Oct Apple fiscal Q3
28 Oct Cellnex Q3 2021
28 Oct Berec stakeholders forum
28 Oct Facebook Connect
::: More Calendar Items