Telefónica and China UNICOM strengthen their strategic alliance and agree a new mutual investment
Telefónica and China Unicom have agreed to enhance their Strategic Alliance, and to deepen their cooperation in areas such as procurement, mobile service platforms, services to MNCs, wholesale carriers, roaming, technology, among others, where both companies have been cooperating since the signature of their Strategic Alliance Agreement.
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Chang Xiaobing, chairman of China Unicom, and César Alierta, chairman of Telefónica, during the signing of the Strategic Alliance agreed by both companies in september 2009.