China Telecom Becomes Nation’s Second Carrier Selling IPhone
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China Telecom Corp. will become the nation’s second wireless operator to offer Apple Inc.’s iPhone 4S, two months after “staggering” demand prompted the U.S. company to suspend sales at its own stores.
From March 9, users who commit to a two-year contract can get a free 16-gigabyte handset with a service plan costing 389 yuan ($62) a month, the state-owned parent of China Telecom, the nation’s third-largest wireless carrier, said in a statement today. A three-year plan cuts the monthly minimum to 289 yuan. China Telecom shares rose the most in six months.