“China Telecom may have reached a ‘preliminary agreement’ to carry Apple’s next-generation iPhone and a ‘simplified iPhone 4’ as early as the end of October, according to a new analyst report,” Josh Ong reports for AppleInsider.
“Citing recent reports from Chinese media outlets, analyst Brian White of Ticonderoga Securities issued a note to investors on Wednesday that called a China Telecom iPhone deal ‘imminent,'” Ong reports. “He said the carrier, which is the third-largest in China, is believed to have reached an initial deal that would pave the way for a launch with two types of iPhones this fall.”
Ong reports, “According to White, China Telecom would offer both the as-yet-unannounced iPhone 5 and a ‘more economical version’ of the iPhone 4 specifically designed to help Apple pick up share in developing countries such as China. He estimates that the introduction of an entry-level iPhone on the China Telecom wireless network could present a $30 billion opportunity for the company.”
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