|China Unicom (Hong Kong) Limited (the “Company”) was incorporated in Hong Kong in February 2000 and waslisted on the New York Stock Exchange and the Stock Exchange of Hong Kong on 21 June 2000 and 22 June 2000respectively. On 1 June 2001, the Company was included as a constituent stock of the Hang Seng Index.
The Company merged with China Netcom Group Corporation (Hong Kong) Limited on 15 October 2008. The ultimate parent company of the Company, China United Network Communications Group Company Limited (“Unicom Group”) also gained approval and officially merged with China Network Communications Group Corporation (“Netcom Group”) on 6 January 2009.
As at the end of February 2013, Unicom Group held 62.77% of the shares in the Company through China United Network Communications Limited (“A Share Company”), China Unicom (BVI) Limited and China Unicom Group Corporation (BVI) Limited; the public investors of the A Share Company held 12.80% of the shares in the Company through A Share Company’s shareholding in China Unicom (BVI) Limited; Telefónica Internacional S.A.U. held 5.01% of the shares in the Company. The remaining 19.42% of the shares in the Company are held by public investors in Hong Kong and New York.
On 7 January 2009, China United Network Communications Corporation Limited, a wholly-owned subsidiary of the Company, was granted the license to operate 3G digital cell business with WCDMA technology nationwide in China. The Company officially launched 3G services on 1 October 2009.
At present, the Company is engaged in GSM and WCDMA cellular business in 31 provinces, municipalities and autonomous regions in China, the provision of fixedline voice, broadband and other Internet-related services, information and communications technology services, business and data communications services, and other related telecommunication value-added businesses. As at the end of February 2013, the total subscribers of the Company’s mobile, local telephone and broadband businesses reached 403 million.
Updated on 5 April, 2013