| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
31,917 |
| Employees |
14,000 |
| Revenues (TTM) (Millions $) |
46,565 |
| Net Income (TTM) (Millions $) |
1,928 |
| Cash Flow (TTM) (Millions $) |
5,356 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
China Unicom Hong Kong Limited is a leading telecommunications service provider in China and a subsidiary of China Unicom. It was established in 1999 and is listed on the Hong Kong Stock Exchange, with a market capitalization of approximately HKD 200 billion as of 2021.
The company offers a wide range of telecommunications services, including mobile voice and data services, fixed-line broadband and voice services, information and communication technology (ICT) services, and international telecommunications services. Its mobile services include 2G, 3G, and 4G networks, while its fixed-line services include broadband internet, telephony, and multimedia services.
China Unicom Hong Kong Limited has a large customer base of over 300 million users, making it one of the largest telecommunications service providers in China. The company operates in all major cities and provinces in China, with its headquarters located in Hong Kong.
Moreover, the company has also ventured into new technology services such as the Internet of Things (IoT), cloud computing, big data, and artificial intelligence (AI) to provide innovative digital solutions for its customers. It has also signed multiple partnerships with global telecom operators and technology companies to expand its network and services worldwide.
In addition, the company has invested heavily in research and development (R&D) and has established several R&D centers to foster innovation and stay ahead of the competition.
In terms of financial performance, China Unicom Hong Kong Limited has stable revenue growth and solid profitability. Its revenue reached HKD 251 billion in 2020, with a net profit of HKD 11.1 billion. The company's strong financials have allowed it to maintain a high credit rating and secure funding for further expansion and investment.
Overall, China Unicom Hong Kong Limited is a prominent player in the Chinese telecommunications industry and a leading provider of digital solutions. It continues to innovate and expand its services to meet the evolving needs of its customers in the digital age.
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