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China Unicom Guangdong: U Mobile Intranet Brings Intelligent New Experiences
Lenovo won a large contract for China Telecom servers, receiving a total of over 1.2 billion worth of contracts.
Sina Technology News On the evening of October 24th, China Telecom recently announced the bid candidates for the centralized purchase project of servers (2024-2025). Lenovo successfully entered multiple packages, with the general-purpose server (A series) package ranking first, and the C86 server (G series) package ranking third, a total of winning over 1.2 billion large orders, achieving a historic breakthrough and becoming the mainstream supplier of servers for China Telecom. Currently, Lenovo's close cooperation with the three major domestic operators is continuously deepening. Previously, relying on strong technical strength, rich ecosystem, and excellent service, it has successively won the favor of China United Network Communications and China Mobile.
Credit Rating by a Major Bank | Morgan Stanley: China Unicom's EBITDA and net profit in the third quarter are below expectations, giving it a "shareholding" rating.
Morgan Stanley stated in a research report that China Unicom's EBITDA in the third quarter remained flat year-on-year, while net profit increased by 7.9% year-on-year, both figures falling short of the bank's expectations by 1.2%. In addition, service revenue for the period increased by 2% year-on-year, in line with expectations; China Unicom Cloud revenue growth further slowed to 9% year-on-year, compared to 18% growth in the previous quarter; IDC revenue increased by 10.6%. Morgan Stanley gave China Unicom a "shareholding" rating with a target price of 6.5 Hong Kong dollars.
China Unicom's Q3 Profit Rises About 8%; Revenue Up 3%
UBS Group: Maintains a 'buy' rating on China United Network Communications (00762) with a target price of 8 Hong Kong dollars.
UBS Group forecasts earnings per share for China United Network Communications at 0.67 RMB and 0.73 RMB for the next two years.
china united network communications' smart customer service resolved 98.7% of customer issues in September.
China United Network Communications (00762) announced that as of September 2024, the total number of 'Big Connection' users reached approximately 1.105 billion households, with 5G package users reaching approximately 0.286 billion households, and the total number of IoT terminal connections reaching approximately 0.594 billion households. The number of 5G industry virtual private network service customers is 14,013. The monthly intelligent customer service problem resolution rate is 98.7%, and the monthly intelligent customer service AI service penetration rate is 84.8%. The cumulative number of authorized patents this year is 1234.
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