Deutsche Bank Upgrades China Unicom Ltd. (CHU) to Buy

September 24, 2008 11:09 AM EDT

Deutsche Bank upgrades China Unicom Ltd. (NYSE: CHU) from Hold to Buy.

Commenting on the China Unicom upgrade, the firm said, "A sharp increase in net add m/s from 13% in 08 to 30% in 2010 underpins our upgrade."

China Unicom Limited, an integrated telecommunications operator, offers a range of telecommunications services in China,


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