China Unicom is one of the top three state mobile operators in China, announced that the company's net profit for the first half fell by 80.5 percent year on year to 450 million yuan (about $68 million). Revenues rose 1.4 percent to 122 billion yuan. The company attributed the profit drop to higher operational costs. However, the company said, China Unicom profitability has improved a lot during the first half. The number of company’s subscribers to the 4G network has increased by 28 million, bringing the total number to the 73 million at the end of June.

 

Photo: www.chinatechnews.com

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