<- August 24, 2009 ->

China Telecom Boasts Top Sales in 3G Handsets

Netease Tech, 8/24/09

Ma Wu, deputy manager of China Telecom's (NYSE: CHA; 0728.HK) terminal management center, revealed that combined domestic 3G handset sales volume for all three standards grew by 113% in H1 2009, led by EV-DO handset sales. Speaking at the E-Surfing handset procurement trade fair, Ma predicted total 3G handset sales volume for 2009 would reach 5 mln units, 90% of which would be from sales in the second half of this year.

Ma added that the domestic handset market for H1 2009 reached 80.41 mln units, up 7.3% YoY. In that period, CDMA handset sales volume grew 345%. Currently, 350 CDMA products are available, while new CDMA products accounted for 19% of all new products in H1 2009.

Keywords: China Telecom, H1 2009, handset, procurement, wireless, 3G, CDMA, E-Surfing, Ma Wu, sales volume, 0728.HK, CHA, trade fair, CDMA2000 EV-DO, statistics, forecast

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