Recently, China Telecom posted disappointing quarterly earnings for Q1 2012. It and is turning to the iPhone to help it turn things around.
It would be safe to say that China Telecom is depending iPhone to enhance its earnings.
According to Hong Kong’s The Standard, China Telecom, one of the largest the wireless carriers in China, is launching an iPhone promotion to encourage businesses to sign up with China Telecom.
Any business that buys 10 iPhone 4S handsets together with a wireless service plan will get a free iPhone. According to a spokesperson, China Telecom is targeting enterprise customers who are outfitting their employees with the latest technology.