China Unicom strikes cheap CDMA deal
China Unicom has decided it will lease a code division multiple access (CDMA) network next year for $178 million. The carrier considers the lease a way to test the appetite of consumers for the service instead of buying the network outright.
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The carrier will pay a monthly fee per user at most on a quarterly basis to lease capacity on China United Telecommunications’ CDMA network. This is expected to allow China Unicom to offer cheaper services.
--Kelly Carroll, staff writer
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© 2012 Penton Media Inc.
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