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China Unicom invests 20b in Shanghai to expand network

(China Daily)
Updated: 2009-07-07 16:40

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Telecom operator China Unicom is investing 20 billion yuan ($2.93 billion) in Shanghai over the next three years to expand and upgrade its network in the city.

China Unicom will invest 800 million yuan from the funds to set up a high-quality WCDMA network to ensure it runs smoothly during next year's World Expo, according to a strategic pact it signed with the Shanghai Municipal government.