Telecom talks
CHINA Telecom Corp, the smallest of the country's three wireless carriers, has contacted Apple Inc to introduce the popular iPhone based on CDMA technology, Chairman Wang Xiaochu said yesterday.
Larger rival China Unicom is the only operator on Chinese mainland, which has 886 million mobile phone users, to offer the iPhone so far. However, some analysts said China Telecom could be next after an exclusive agreement with Unicom expires this year.
"We're not denying that we're in touch with iPhone (Apple), but I cannot comment on the progress," Wang told reporters after a shareholders' meeting. Shareholders also approved an up to 90 billion yuan (US$14 billion) bond issue, including 60 billion yuan overseas and the remainder domestically.
Larger rival China Unicom is the only operator on Chinese mainland, which has 886 million mobile phone users, to offer the iPhone so far. However, some analysts said China Telecom could be next after an exclusive agreement with Unicom expires this year.
"We're not denying that we're in touch with iPhone (Apple), but I cannot comment on the progress," Wang told reporters after a shareholders' meeting. Shareholders also approved an up to 90 billion yuan (US$14 billion) bond issue, including 60 billion yuan overseas and the remainder domestically.
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