China Telecom Buys 5M Customized CDMA Handsets
pacificepoch.com
000063.SZ, 0763.HK, 2369.HK, 600057.SH, 600060.SH, 728.HK, Amoi, CDMA, CHA, China Telecom, China Wireless Technologies, Handset, Hisense, LG, Telecom, Yulong, ZTE
Posted by: Jessica Jin on Sep 02, 2008 | 18:09
Editorial Summary
China Telecom (NYSE: CHA, 728.HK) has purchased 5 million customized CDMA handsets from telecom equipment providers including Samsung, ZTE (000063.SZ, 0763.HK), Hisense (600060.SH) and Amoi (600057.SH), reports xinhuanet.com. China Telecom purchased 1 million phones from Samsung, 900,000 from ZTE (000063.SZ, 0763.HK), 500,000 from Hisense (600060.SH) and 20,000 smart phones -- with a market price of RMB 3,000 -- from Amoi (600057.SH). LG and China Wireless Technologies Limited (2369.HK) subsidiary Yulong Computer Communication Technology also won CDMA phone contracts from the telecom operator. |
