China Telecom May Want In on Apple Action
China Telecom, China’s largest fixed-line operator, appears to be changing its position about possibly offering Apple (AAPL) products in the near future. Chief Executive Wang Xiaochu said at a press conference Tuesday that the company is evaluating market response for Apple’s iPad tablet computer before it holds any talks with the U.S. consumer electronics company. Previously, Wang has said the company isn’t interested in offering Apple’s popular iPhone because of high costs and stiff competition to secure the rights to sell the device in China.
But Tuesday Wang said: “If there’s demand from customers, we welcome any creative new device. Our focus is to bring convenience and enjoyment to our customers. Since iPad has just been launched, it takes time for us to evaluate the product. Both of us [China Telecom and Apple] have to evaluate the market situation in China to see how large the market demand would be. It will determine whether we have any interest in any cooperation.”
China Telecom’s more open approach toward Apple products signifies intensifying competition in the Chinese telecom market.