SK TELECOM CO., LTD.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. )*

China Unicom Limited
(Name of Issuer)
Ordinary Shares, Par Value HK$0.10 Per Share
(Title of Class of Securities)
16945R 10 4
(CUSIP Number)
September 4, 2007
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     o Rule 13d-1(b)

     þ Rule 13d-1(c)

     o Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 
 

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SIGNATURE

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CUSIP No.
  
16945R 10 4 
  

 

           
1   NAMES OF REPORTING PERSONS
SK Telecom Co., Ltd.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
  (a)   o
  (b)   o
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  The Republic of Korea
       
  5   SOLE VOTING POWER
     
NUMBER OF   899,745,075 ordinary shares
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   None
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   899,745,075 ordinary shares
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    None
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  899,745,075 ordinary shares
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  6.6%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
   
  CO

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ITEM 1(a).   NAME OF ISSUER
      China Unicom Limited, a Hong Kong company with limited liability (the “Issuer”).
ITEM 1(b).   ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES
      75/F, The Center, 99 Queen’s Road Central, Hong Kong
ITEM 2(a).   NAME OF PERSON FILING
      SK Telecom Co., Ltd.
ITEM 2(b).   ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE
      11, Euljiro2-ga, Jung-gu, Seoul 100-999, Korea
ITEM 2(c).   CITIZENSHIP
      The Republic of Korea
ITEM 2(d).   TITLE OF CLASS OF SECURITIES
      Ordinary Shares, Par Value HK$0.10 Per Share
ITEM 2(e).   CUSIP NUMBER
      16945R 10 4
ITEM 3.   If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)o Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o).
(b)o Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c).
(c)o Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c).
(d)o Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).
(e)o An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
(f)o An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
(g)o A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)o A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)o A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)o Group, in accordance with §240.13d-1(b)(1)(ii)(J).

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      Not Applicable.
ITEM 4.   OWNERSHIP
  (a)   Amount beneficially owned:
 
      See Item 9 of Cover Pages.
 
  (b)   Percent of class:
 
      See Item 11 of Cover Pages.
 
  (c)   Number of shares as to which such person has:
  (i)   Sole power to vote or to direct the vote
      See Item 5 of Cover Pages.
  (ii)   Shared power to vote or to direct the vote
      See Item 6 of Cover Pages.
  (iii)   Sole power to dispose or to direct the disposition
      See Item 7 of Cover Pages.
  (iv)   Shared power to dispose or to direct the disposition
      See Item 8 of Cover Pages.
ITEM 5.   OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
  Not applicable.
ITEM 6.   OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
  Not applicable.
ITEM 7.   IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
  Not applicable.
ITEM 8.   IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
  Not applicable.
ITEM 9.   NOTICE OF DISSOLUTION OF GROUP
  Not applicable.
ITEM 10.   CERTIFICATIONS
     By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

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SIGNATURE
     After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
         
Dated: September 12, 2007
    SK Telecom Co., Ltd.
 		  
     /s/ Tae Jin Park    
    Name:   Tae Jin Park   
    Title:   Vice President   

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