Jul 16, 2008
According to a source familiar with the situation, China Telecom (NYSE: CHA; 0728.HK) plans to invest between RMB 27 and 30 bln in CDMA networks this year, with between RMB 12 and 15 bln going for system equipment, RMB 7 bln for base stations, and RMB 6 bln to establish a service platform.
The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.
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