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China Telecom Dealing With Apple for an iPhone Deal
A Ticonderoga Securities analyst pointed out a clue stating that the China Telecom will be having a deal with Apple.
Brian White, an analyst from Ticonderoga Securities, stated a possible hint that Apple will be having a deal with China Telecom for their iPhone 5. Indicating a news post from Sohu, he mentioned that the said carrier had reached a preliminary agreement to carry two different edition of iPhone by late October. The designs includes the genuine iPhone 5 as well as the cheaper iPhone 4 version to compete low-end Android.
Brian White also said that the second largest carrier in China, the China Telecom, would be a major target for Apple. The basic iPhone 4 would be enough to reach a much wider audience. China Telecom has a total of 108.4 million subscribers. However, only few subscribers could afford an iPhone but might be within reach.
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