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China Unicom Got 20 Million Users Through Cooperation with Tencent

Updated:2017/5/10 14:17

China Unicom had an annual shareholder meeting on May 9.

Chairman Wang Xiaochu said the company lost the strength given by WCDMA in the 4G era, resulting in the weak performance last year.

Mr. Wang started shift of the company, which is also the strategy for 5G development - it focuses on the southeast coastal areas, tries to develop large business with small funds and improves the capital utilization.

The operator didn't catch the pain point of the mobile Internet before, but now it tries to cooperate with BAT. An addition of 20 million happened to the user base of China Unicom through the cooperation with Tencent, and it got another 3 million additions through the cooperation with Alibaba.

 Source:C114
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