Netease Tech, 3/16/12
China Telecom (NYSE: CHA; 0728.HK) announced today that it will begin authorizing non-carrier channels to sell contract-free CDMA iPhone 4S handsets starting March 17. As with the China Unicom (NYSE: CHU; 0762.HK; 600050.SH) iPhone 4S, contract-free handsets will be priced at RMB 4,999 for the 16 GB model, RMB 5,999 for the 32 GB model, and RMB 6,999 for the 64 GB model. China Telecom marketing manager Liu Ping said that for a limited period starting March 17, the operator would only offer contract-free iPhone 4S handsets through distributor channels.
China Telecom sold approximately 34 mln E-Surfing CDMA EV-DO handsets in 2011, Liu said - more than three times the number it sold in 2010. The operator currently has more than 80,000 distributor channel network outlets around the country.