China Unicom forcost strong profit growth despite sales dip

China Unicom forcost strong profit growth despite sales dip

Due to intense competition in the broadband market but forecast net profit to have jumped 69 per cent to CNY2.4 billion $360 million.

Chinese IoT Market Will Exceed One Billion Connections by 2020

China’s machine-to-machine (M2M) market will reach one billion connections by 2020, with the majority coming from the developing Low Power, Wide Area (LPWA) market, according to a new report released today by GSMA Intelligence and The China Academy of Information and Communications Technology (CAICT). The report, ‘Mobile Operators and Digital Transformation’, highlights that China is currently the world’s largest M2M market with approximately 100 million cellular M2M connections, a figure that is expected to increase to 350 million by 2020.

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