China Unicom, the country's second largest mobile operator, said yesterday it would launch Apple's iPhones on the mainland this week as it announced plans to buy back a minority stake held by South Korea's SK Telecom for $1.28bn.
Unicom is pinning its hopes on the iPhone as it tries to win market share and more high-end users in China's highly competitive telecoms market.
The mobile operator said it would start selling 3G iPhones for about Rmb5,000 ($732) each on October 1, without specifying which model. Subscribers could choose from eight service plans, ranging from Rmb126 to Rmb886 per month. Users who signed two-year contracts of above Rmb186 per month would receive handset subsidies of up to Rmb4,253.
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