Reports said on Wednesday that China Telecom Corp Ltd is planning to launch Apple Inc iPhone to its 106 million subscribers starting November this year.
This leap would actually help China Telecom, the smallest among the three Chinese telecommunications operators, to solidify their 3G market in China. Although the company operates the country’s largest fixed-line network, it is a newbie to the mobile market.
“The reason telecom operators are fighting for the iPhone business is because everybody is trying to grab as many 3G users as possible,” said Jane Wang, an analyst at UK-based research firm Ovum. “The only way to keep costs down is to build up such a user base.”
China Telecom’s shares, which have risen by about a fifth this year, extended earlier gains after Reuters exclusively reported the plan, rising as much as 5.5 percent to an intraday high of HK$4.95 and outperforming the Hang Seng Index’s 1 percent gain.
Furthermore, China Telecom said Wednesday that its president and CEO, Shang Bing, resigned to become the deputy minister of the Ministry of Industry and Information Technology.
Currently, China Unicom is the only operator that offers iPhone after signing a three-year agreement with Apple in 2009 which is not based on a revenue-sharing scheme, unlike the common deal Apple has in any of the countries that offer its popular iDevice.
In May, China Telecom’s chairman, Wang Xiaochu, told a news conference that the carrier had contacted Apple to launch the iPhone based on CDMA (code division multiple access) technology.
“It’s expected to happen this year. China Telecom already has the required technology and it all hinges on the content of the agreement. As we all know, it’s not easy to negotiate with Apple,” a source close to the company, speaking on condition of anonymity, told reporters.
It is expected that China Telecom will introduce the iPhone starting November. However, officials declined to comment on the rumor.
Check Out These Too:
- Apple iPhone Embedded SIM Plans Abandoned The Apple iPhone is one of the most successful mobile phones of all time and there are millions of people all around the world that own one of the phones.…
- Tablets sales increased by 124% in first quarter and… The entire tablet segment is pushed from behind by iPad, that's for sure and with a new Apple tablet model launched in March, it was obvious that the entire area…
- Apple to Launch News Corp iPad Newspaper There have been a lot of rumours over the past few months that there will be subscription services for magazines being available for the iPad device in the near future.…
- iPad is now Apple's ambassador Of all Apple inventions ever, the iPod was seen as the product that introduced to the world of Apple and that makes you want more than a product of the…
- Should You Buy An IPhone Now, Or Wait For The Next Version? You may have recently gotten information from your mobile phone company about getting the iPhone 5 for just $99 – companies like Verizon and AT&T Wireless have recently been offering…
- Why Apple Steer Clear of AT&T If you have owned one of Apple’s beloved iPhone devices at some point in the past in the United States, then there is a chance that you will have had…
- Apple in Trouble over Work Conditions Apple has been in trouble before for their working conditions imposed on employees in China and other manufacturing locations and they are once again in trouble for it. According to…
- Android Gaining Points Over Apple? Apple is working double time. News about Apple is very unstable this week. If you haven't been reading to our other posts, some posts have been positive, while some just…
- Apple Reaching 30 Million iPhone Sales in a Quarter The iPhone has been an incredible hit for Apple. In the past few years it has become the top dog in terms of phone device sales and according to the…
- Apple CEO Steve Jobs Takes $1 Salary Apple is now one of the largest companies in the world and they have a wide range of premium products that have attracted hundreds of thousands of users overt eh…
- Apple Supplier Shuts Down Because Of Environmental Issues Apple has had a lot of problems and issues encountered in the past. These include of course, the death of Steve Jobs, the numerous battles with different companies, as well…
- iPhone MMS Update One of the most demanded service in the telecom sector has now at last reached the iPhone, which means that the iPhone is now capable of sending and receiving MMS…
- Samsung Galaxy Tab Vs. Apple iPad – 1 Million Sold Since the release of the Apple iPad just a few months ago, there have been a lot of other companies working on their own tablet computers in order to rival…
- Latest Update on Next Apple iPhone 5 Previously, when Apple has released new products such as the iPhone 4s or the iPad 3 device, we have seen people queuing up at their shops for hours in advance.…
- Apple to make Mini iPhone 5 A new rumour has emerged about Apple today and that is regarding the iPhone device. It is thought that Apple will actually be releasing a version of the iPhone later…
- iPhone 4S Production Shifts to Brazil For quite some time Apple has been working diligently to convince their manufacturer, Foxconn, to move production to the newest manufacturing plant in Brazil and it seems that may have…
- iPhone 5 Release Date in UK iPhone 5 Release Date UK Well everyone who is Apple lover and who is having craze of iPhone is waiting for iPhone 5 Release Date. We have heard many rumors…
- Apple iPad Makes Up 82 Percent of US tablet PC Market We are all aware of the huge success of the Apple iPad tablet PC device and since it was released last year, Apple has released the iPad 2, the next…
- Apple Smart TV Apple is constantly entering new markets and they are known as being one of the most innovative and forward thinking companies in the world. Now, it is thought that Apple…
- When Does the New iPhone Come Out When Does the New iPhone Come Out - www.applerepo.com, One rumor suggest that in the month of September 2015 will be the iPhone 6S release. Some reports also say that…
- Apple Planning to buy Memory Chip Company Apple is apparently in the process of acquiring another new company which will likely help boost the company in a variety of different ways. Apple has always been working hard…
- Apple Facing Massive Lawsuit in China This week a group of Chinese publishers and authors officially filed a lawsuit against Apple for illegally distributing various ebooks through iTunes without authorization. The books were apparently uploaded to…
- Why China has not its own Steve Jobs While millions of Chinese fans of Apple have complained about the disappearance of Steve Jobs, some of them have posed the question: why China has not its own "Steve Jobs"?…
- Spotify Plans to Steal iTunes Market Share There is no denying that iTunes has become one of the most popular innovations of the recent years and millions of people now use the service in order to discover…
- Special Orange Deals - Why You Should Sign Up With Orange Special Orange Deals - Why You Should Sign Up With Orange. If you're thinking about choosing Orange as your mobile service provider, here's what you need to know about all…
- The Rise of Cheap Iphone’s The Iphone, one of the world’s top of the line, best-selling smart phones in the market. Apple has created a way to combine cell phone, email, internet and other information…
- Apple See’s Huge Profits but Shares Fall Apple, the company behind many popular electronic devices including the iPhone and the iPod Touch devices has seen a huge boost in profits. The company posted their results for the…
- Instagram Earns App of the Year Award Apple announced this week that they have officially selected their app of the year; Instagram is the app that took the coveted award and for good reason too. Instagram is…
- Apple to become World’s Largest Company Apple is already pretty well known and there are millions of people all around the world that own one of their products. Over the last few years, Apple has been…
- Unlocking the iPhone Unlocking the iPhone, or using the Apple's fans jargon, iOS iphone jailbreaking, is the process of removing any limitation to the use of an Apple's device. It allows you to…
