Unicom to cut mobile charges in Beijing
(Shenzhen Daily)
Updated: 2006-05-15 10:54
China Unicom Ltd., China's second-largest mobile carrier by subscribers, said
Friday it will shortly follow larger competitor China Mobile (Hong Kong) Ltd. in
cutting rates in Beijing.
"We are already making the necessary regulatory and marketing preparations,"
said Shang Bing, president of China Unicom, when asked if the company will
follow China Mobile in cutting its rates in the city.
China Mobile cut the price of some of its service packages in Beijing last
week by as much as 50 percent.
Shang, who declined to comment on the size of Unicom's tariff cuts, said the
move wouldn't put significant pressure on the company's monthly average revenue
per user.
"The rate cuts won't have an effect on a nationwide level, as Beijing rates
have been high compared with other provinces," Shang said.
Brokerage CLSA Asia Pacific-Markets said in a research report last week that
price cuts would have an insignificant financial impact on the two carriers as
they applied only to Beijing.
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