China Unicom and Telefonica strengthen strategic alliance
China Unicom and Telefonica, one of the world's largest telecommunications companies by market cap, have strengthened strategic alliance and have agreed on a new mutual investment.
Hong Kong: 9 September 2009 - Leading international law firm Clifford Chance has advised Telefónica on a strategic alliance with China Unicom, which will see the two companies develop a combined customer base of over 550 million people.