China Unicom signs up Suning as phone service agen

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China Unicom (CHU.NYSE; 600050.SH; 00762.HK) and Suning Corp., China‘s leading household appliances chain retailer,[link widoczny dla zalogowanych], announced on Thursday they are to cooperate on phone services.

China Unicom has authorized Suning to act as agent to sell its 3G,[link widoczny dla zalogowanych], 2G, broadband access, and fixed-phone services, and Suning will set up special zones for selling terminal products and offering services of the carrier in all stores across China.

According to the agreement between China Unicom and Suning, they will launch comprehensive cooperation in service outlet establishment, 3G terminal product sales, service management,[link widoczny dla zalogowanych], and market promotion.

Chang Xiaobing, president of China Unicom,[link widoczny dla zalogowanych], said that the telecom operator has established partnerships with many of China‘s household appliance chain retailers, cell phone chain retailers, and IT product chain retailers,[link widoczny dla zalogowanych], and there are over 20,000 service outlets offering its 3G services.

According to Suning president Zhang Jindong, 3G will be a key field for Suning to expand its business, and it is a new trend for household appliance retailers to cooperate with telecom operators.