Visitors try out China Telecom 4G phones at an exhibition in Changsha, Hunan province. China Telecom has become the nation's second telecom operator to offer 4G services. It plans to start 4G businesses in close to 100 cities across the country. Provided to China Daily |
It becomes the second Chinese operator to offer the new service
China Telecom Corp Ltd, the third-largest telecom carrier of the country, officially began the commercial rollout of its fourth-generation mobile network in the domestic market on Friday, competing with its leading rival China Mobile Ltd in the early stages of a new business sector.
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The rate standards, which are in line with those of China Mobile unveiled a month ago, provide users with seven different pricing plans from 70 yuan ($11.54) for 1 gigabyte of data traffic per month to 280 yuan for 10 GB of data volume every month.
China Telecom said all 4G data cards it is scheduled to promote in the coming days support the home-grown Time Division-Long Term Evolution (TD-LTE) 4G technology.
After the Chinese government issued 4G licenses to telecom carriers on Dec 4, 2013, industry analysts expected China to quickly emerge as the world's biggest 4G market with an estimated 4G service subscriber base of 440 million by 2017. China Telecom's participation in the 4G race will stir the current market and pose a challenge to China Mobile, they said.
China Telecom's shares traded on the Hong Kong stock exchange fell by 1.1 percent to close at HK$3.58 ($0.46) per share on Friday.
China Mobile, the biggest Chinese telecom operator with a subscriber base of 760 million, said last December that it aims to offer 4G services in 340 cities in the country by year-end. The carrier took aggressive moves to show its ambition to gain ground in the 4G battle and lead the market.
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