“China Telecom Corp Ltd., the smallest of the country’s three telecommunications carriers, is still in talks with Apple Inc to carry its iPhone, targeting growth in high-end users,” Lee Chyen Yee and Huang Yuntao report for Reuters.
“China Telecom, which competes with China Mobile Ltd and China Unicom, would only increase handset subsidies if it started selling iPhones to draw more users to use its network, Chairman Wang Xiaochu said,” Yee and Yuntao report. “‘We have a confidential agreement with Apple and can’t tell you anything as of now,’ Wang told a news conference after the company announced its first-half results.”
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Yee and Yuntao report, “China Unicom is the only carrier selling the popular iPhone in China, the world’s largest mobile phone market, although the two other operators have been aggressively negotiating with Apple to be next.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Fred Mertz” for the heads up.]