China Telecom enters mobile at the end of February next year and will not fight the price war China Telecom (0728.HK) issued an announcement yesterday that the company has signed a lease agreement with the parent company China Telecom Group for the C network. From the beginning of this year to the next three years, the listed company will pay the leased network at a rate of 28% of the C network ’s operating income every year. fee. In addition, within the CDMA lease term or within one year after expiration, China Telecom may exercise the option to purchase from the group at any time. This ratio is three percentage points lower than the 31% of the revenue paid by the Unicom Red Chip Company to the parent company Unicom Group when the C network business is in Unicom. China Telecom Chairman and CEO Wang Xiaochu said yesterday that he will spend 80 billion yuan to develop CDMA business in the next three years and will enter the mobile market by the end of February next year. Conditions favorable to repurchase CDMA China Telecom estimates that the annual lease fees for CDMA leases from this year to the end of this year, 2009 and 2010 will not exceed RMB 4 billion, RMB 20 billion and RMB 35 billion respectively. Wang Xiaochu said that China Telecom will only consider buying back CDMA network assets under favorable conditions based on its financial situation. China Unicom and China Telecom have officially signed the "Agreement on the Transfer of CDMA Business" on the 27th. China Telecom finally acquired the Unicom C network business at the original agreed price of 110 billion yuan, of which the listed company China Telecom H shares acquired the C network business price. At 43.8 billion yuan, the parent company China Telecom Group acquired C network equipment assets at a price of 66.2 billion yuan. The announcement shows that for China Unicom's C network business, China Telecom will begin delivery on October 1 this year, and it is expected to complete the delivery of substantive assets within two months. Chen Yunhong, an analyst at Guojin Securities Telecom, told reporters yesterday that China Telecom pays a network rental fee at a 28% revenue ratio, which is good for China Telecom. Don't fight price war with China Unicom According to reports, China Telecom will formally enter the mobile telecommunications market at the end of February next year, marking its development from a fixed-line telecommunications operator to a full-service operator. China Telecom Group, the parent company of China Telecom, plans to spend 80 billion yuan to develop CDMA business in the next three years. Wang Xiaochu said yesterday that the company hopes to double the number of CDMA users from about 43 million to 100 million within three years. By then, its mobile communications market share in China will reach 15%. China is the world ’s largest mobile communications market, The total number of mobile phone users currently exceeds 600 million. "In the future, China Telecom will not be able to compete with China Mobile and China Unicom in terms of (mobile communication service) prices. Our goal is mainly to win high-end customers in urban areas." Wang Xiaochu said, "China Telecom's parent company will invest 80 billion yuan in the next three years RMB is used to develop CDMA business, and in the first phase, 27.9 billion is allocated for network upgrade. " Wang Xiaochu expects China Telecom to take advantage of the fixed-line broadband and the huge fixed-line subscriber scale to make the value-added service revenue account for 35% of mobile communication revenue in the last 2-3 years. Return to A shares at the end of next year China Telecom's previous return to the A-share market was expected because China Telecom's acquisition of C network assets may be delayed. Galaxy Securities analyst Wang Guoping said yesterday that from the current state of C network business operation, he expected that C network will be profitable by the end of next year. After the profit, China Telecom will propose to acquire C network assets, and on this reason "at the latest next year At the end, China Telecom should return to A shares. "This China Telecom announcement also mentioned the repurchase of C network equipment assets from the parent company, but there is no clear timetable. Chen Yunhong, an analyst at Guojin Securities, also said yesterday that China Telecom will only consider acquiring C network equipment assets and return to the A-share market after the C network revenue balance. Yesterday, China Unicom's secretary of the board, Luo Jianhua, told reporters that according to the agreement, 19,000 people from China Unicom will be transferred to China Telecom together, mainly some of the staff of China Unicom's C network. Next, Unicom will conduct roadshows on major C and global cities on the C network sale, and communicate with global investors on the C network sale to prepare for the company's general meeting in mid-September, Lao Jianhua said. China Telecom (0728.HK) and China Unicom (0762.HK) closed up yesterday by 0.95% to HK $ 4.27 and 1.04% to HK $ 15.48. 5000 puffs Disposable Vape Pen are so convenient, portable, and small volume, you just need to take them Shenzhen E-wisdom Network Technology Co., Ltd. , https://www.healthy-cigarettes.com
out of your pocket and take a puff, feel the cloud of smoke, and the fragrance of fruit surrounding you.
We are China's leading manufacturer and supplier of disposable vape puff bars, disposable vape 5000 puffs, rechargeable
disposable vape 5000 puffs,5000 Puff vape rechargeable, disposable Vape Pen 5000 puffs, and e-cigarette kit
Related Suggestion:disposable vape 5000 puffs,rechargeable disposable vape 5000 puffs,5000 puff vape rechargeable,disposable vape pen 5000 puffs,5000 puff vape pen,5000 Puffs Vape