Rumor: China Telecom to Shift 2G Handset Subsidies to 3G
Sohu IT, 11/15/12
China Telecom (NYSE: CHA; 0728.HK) has altered its handset subsidies policy to no longer support 2G handsets and only offer subsidies for 3G handsets, with a focus on the iPhone, revealed a source close to China Telecom senior executives. China Telecom plans to accelerate efforts to further develop its high-end user base.
Keywords: China Telecom iPhone handset wireless 3G 0728.HK CHA high-end subsidy smartphone