Unicom prepares for 4G network build-out

China Unicom (Hong Kong), which reported a 68 per cent surge in net profit for last year, plans an initial investment of up to 10 billion yuan (HK$12.5 billion) to roll out its 4G network.

Chang Xiaobing, Unicom's chairman and chief executive, said yesterday the high-speed 4G licences on the mainland "will likely be issued in 2013", which is why the firm has been preparing for this network expansion.

via Business feed http://www.scmp.com/business/companies/article/1196735/unicom-prepares-4g-network-build-out