Asia China In 2009, China Unicom agreed to a $1 billion cross-holding with .China Unicom and Enter into a Broad Strategic Alliance and a Mutual Investment Agreement. 7 September 2009. In January 2011, the two partners agreed to a further $500 million tie-up in each other. Following completion in late 2011, will hold a 9.7% stake in China Unicom, and China Unicom will own 1.4% of the Spanish firm.
asIA cHina iN 2009 chiNa UniCom agreed tO A $1 billIon cross-hOLdinG With ChIna unicOm and enter Into A brOaD StRateGic AllianCE aNd A MUTuAl INvestment agreEMENt 7 SeptembER 2009 in jANuary 2011 tHE Two partneRS agreed TO a furTHer $500 mIlLIoN TiE-Up IN eaCH Other FOLlowinG comPLEtioN in late 2011 wilL hOld a 97% stake in cHinA UNIcOm and ChIna Unicom will owN 14% of the spAnish FiRm