China Telecom to Start IPhone Sales With Subsidies That May Crimp Profit – Bloomberg

March 9, 2012 Posted By: Leave a comment
A 16-gigabyte iPhone 4S costs 4,988 yuan ($790) at Apple’s online store, or more than two months’ wages for the average urban worker in China. China Telecom, using subsidies to attract subscribers, said last month new customers who sign up ...
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