[January 16, 2012] China Telecom to Disclose 2012 Annual Terminal Strategy Tweet Jan 16, 2012 (SinoCast Daily Business Beat via COMTEX) -- China Telecom Co., Ltd. (SEHK: 0728, NYSE: CHA) is going to disclose the 2012 annual CDMA terminal strategy at the 2012 China Telecom CDMA Terminal Industry Chain Annual Meeting on January 16. China Telecom saw 33.35 million 3G users, taking 28% of China's total 3G users, by the end of November 2011. Meanwhile, the company's 3G penetration rate reached 27% while the country's 3G penetration rate was not more than 13%. China Telecom has sold over 16 million E Surfing (brand name) smart terminals and its EVDO smart phone now takes 27% of the domestic market. The growth rate of the company's revenue from mobile traffic has reached 120%, exceeding that of the revenue from short message or multimedia message. It is said that China Telecom is actively bringing in the new-generation iPhone, but it is impossible that the China Telecom-customized iPhone 4S will be put into market in the first quarter of 2012, according to an insider of the company. China Telecom has not finished the negotiation with Apple Inc. (NASDAQ: AAPL) on the bringing in of iPhone 4S, says the insider. Source: www.sina.com.cn (January 16, 2012) [ Back To TMCnet.com's Homepage ]