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Rumor: China Telecom to Offer RMB 1,000 3G Smartphones

Sina Tech, 8/11/11

On the heels of China Unicom's (NYSE: CHU; 0762.HK; 600050.SH) release of RMB 1,000 3G smartphones, a memo leaked from China Telecom (NYSE: CHA; 0728.HK) states that the operator recently confirmed to provincial subsidiaries that it would roll out a series of RMB 1,000 3G smartphones targeted at students and young subscribers. The list will include a number of large-screen 3G smartphones, including the Huawei C85005, the ZTE (0763.HK; 000063.SZ) N606 and N600+, China Wireless Technologies (2369.HK) subsidiary Yulong's Coolpad E239, Chinese handset distributor Telling's (000829.SZ) K-Touch E610, and the Hisense E89.

A number of the phones will go on sale in August, and China Telecom plans to introduce major subsidies to promote the handsets. The Huawei C85005, for instance, has a retail price of RMB 899, but will retail for RMB 799, with an additional RMB 799 worth of talk time included, through Beijing Telecom's online service center.

Keywords: segmentation Huawei C85005 ZTE N606 ZTE N600+ K-Touch E610 Hisense E89 China Telecom handset wireless 3G 0728.HK CHA Coolpad E239 youth subsidy smartphone pricing tariffs

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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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