GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Unicom (Hong Kong) Ltd (HKSE:00762) » Definitions » Credit Losses Provision

China Unicom (Hong Kong) (HKSE:00762) Credit Losses Provision


View and export this data going back to 2000. Start your Free Trial

What is China Unicom (Hong Kong) Credit Losses Provision?

Credit Losses Provision only applies to banks.


China Unicom (Hong Kong) (HKSE:00762) Business Description

Traded in Other Exchanges
Address
99 Queen's Road, 75th Floor, The Center, Central, Hong Kong, HKG
China Unicom is the incumbent fixed-line operator in 10 northern Chinese provinces, as well as the third-largest wireless operator nationwide. As at June 2023, it had 328 million billing wireless customers and around 108 million broadband subscribers. China Unicom also has a growing ICT business. We estimate it has the third largest internet data center business in China and its Cloud Service revenue is also showing very strong growth. It has its own 4G network and shares the radio access function with China Telecom for its 5G network.