US$12.5m spent in Macao's CDMA
(Xinhua)
Updated: 2006-10-20 09:13
China Unicom, one of China's telecommunications giants, has invested 100
million patacas (12.5 million U.S. dollars) in the launch of its Macao Code
Division Multiple Access (CDMA) services.
The Macao Post Daily Thursday
quoted Chen Wu, deputy general manager of the Macao branch of China Unicom, as
saying that his company is expected to invest 200 million patacas (25 million
U.S. dollars) to 300 million patacas (37.5 million U.S. dollars) in Cacao CDMA
services in the next few years.
Subscribers using China Unicom's CDMA
services are able to make phone calls over the world without switching the SIM
cards, Chen told the newspaper.
China Unicom's low fees and quality
services are believed to increase competition in Macao's telecommunications
market, Tou Veng Keong, director of Macao's Telecommunications Regulation
Bureau, was quoted as saying. (For more biz stories, please visit Industry Updates)
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