China Unicom sets up new big data company

Source:Xinhua-Global Times Published: 2017/9/25 20:58:39

China Unicom announced on Monday the establishment of a big data unit in its latest effort to seek new growth as traditional business shrinks.

The new subsidiary will make full use of the telecom carrier's advantages in cross-industry data collection and integration to offer a variety of services in information sharing, transactions, government management, risk control and travel.

Jiang Zhengxin, vice general manager of China Unicom, said the company welcomes external investment and wants to expand cooperation with strategic investors participating in China Unicom's mixed-ownership reform.

An agreement was signed between China Unicom and China UnionPay Monday to jointly use data resources, further technological cooperation and strengthen product research and development.


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