China Unicom has signed a cooperation agreement with China Telecom. The two companies plan to build a new industry paradigm through open cooperation, resources sharing (including networks, business and services, etc) and exploring co-operation at various levels. The two partners also plan to promote structural reform on the supply side (eg network and handset, etc).
China Unicom and China Telecom thus hope to reduce costs while improving operating efficiency, and, via enhancing supply-side quality, provide better networks and services to customers, which in turn will drive information consumption.
China Unicom and China Telecom also intend to provide a better information service environment to support the swift advancement of the government’s ‘Internet+’ and ‘Made in China 2025’ strategies.
Under the terms of the agreement, the two companies will cooperate in five areas. The two partners plan to increase cooperation in network co-build and co-share to enhance network coverage more rapidly and improve network service quality. During times of major disasters and emergencies, mutual efforts will be made to help each other’s business recovery with a view to amplify the ability to safeguard emergency communications.
China Unicom and China Telecom intend to expand handset offerings to fulfill customers’ diversified needs, and to jointly promote six-mode handsets with “all network access” as a national standard. They will also enhance network interconnection quality, adopt a new mechanism on market-oriented basis to drive innovative business cooperation, and upgrade the quality of international roaming service through joint cooperation with overseas operators.
