China Netcom posts 2007 net income of $1.7bn, down 7%, on revenues of $11bn, up 1%. Innovative business revenues (broadband and multimedia) accounted for 35% of revenues in 2007, or $4bn.
3 Group (HK) reports 2007 EBITDA of $154m (vs a loss last year) on revenues of $7.7bn, up 18%. It is the first ever positive result for 3G.
China Unicom said its 2007 net income jumped 144% to $1.3bn, on revenues of $13.7bn, up 4.4%.