BEIJING—China Unicom (Hong Kong) Ltd. reported Wednesday a smaller-than-expected 9% drop in first-half net profit as Apple Inc.'s iPhone helped fuel growth in its mobile services business.
China Unicom—China's second-biggest mobile carrier by accounts and the country's only carrier to officially offer the iPhone—is racing China Telecom Corp. and China Mobile Ltd. to boost revenue by adding users of third-generation mobile services, which offer faster data speeds at a higher price than older second-generation services.
Tough competition and heavy spending on subsidies for 3G ...
BEIJING—China Unicom (Hong Kong) Ltd. reported Wednesday a smaller-than-expected 9% drop in first-half net profit as Apple Inc.'s iPhone helped fuel growth in its mobile services business.
China Unicom—China's second-biggest mobile carrier by accounts and the country's only carrier to officially offer the iPhone—is racing China Telecom Corp. and China Mobile Ltd. to boost revenue by adding users of third-generation mobile services, which offer faster data speeds at a higher price than older second-generation services.
Tough competition and heavy spending on subsidies for 3G ...
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