Unicom shells out USD1bn on 3G expansion

11 Jul 2012

China Unicom has completed a public auction to expand its W-CDMA network by 100,000 base stations, with local heavyweights Huawei and ZTE winning a combined total of around 60% of the orders, reports MENA Financial Network. The tender was valued at between CNY6 billion and CNY7 billion (USD950 million and USD1.108 billion). Unicom intends to improve rural and suburban coverage to around 78% from its current 39%, whilst also strengthening capacity in urban areas.