Sector brief: Media, Tech & Telecom
China Telecom cancels data card subsidies
February 8, 2010: Subsidies that were until recently offered on 3G data cards might be redirected towards China Telecom’s handsets
China Telecom (0728.HK), the country’s leading mobile carrier by 3G subscriber numbers in 2009, has cancelled its subsidies on 3G data cards. Starting February 1, subsidiary Beijing Telecom stopped offering free 3G interface network cards altogether, but the company’s local Shanghai-based subsidiary has retained a discounted policy for prepayment of annual fees.
The subsidy program, which provided free data cards to customers who prepaid for six months or a year of ser...
The subsidy program, which provided free data cards to customers who prepaid for six months or a year of ser...
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