China Unicom Offers $10 IPhone Package Amid Competition
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China Unicom (Hong Kong) Ltd., China’s second-biggest mobile-phone operator, offered a cheaper iPhone package amid rising competition with larger rival China Mobile Ltd. in the world’s biggest wireless-phone market.
The Beijing-based company started offering a 66-yuan-a-month ($10) plan for the iPhone after previously setting the lowest-priced package at 96 yuan, President Lu Yimin said yesterday after meeting shareholders in Hong Kong.