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China Telecom Corp. Sees Profits Double (AP)







China Telecom Corp. Sees Profits Double
(AP)

China Telecom Corp. Sees Profits Double
(AP)
03/31/2005 09:52 AM

AP - China Telecom Corp., the country's biggest non-wireless telephone operator, said Thursday its profit doubled last year after it restated its financial statements.




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And in a similar vein, Dottocomu points us towards an article about Calypso Wireless and how they've just sealed a deal to provide China Telecom with combination GSM/WiFi cellphones. The handsets in question are undoubtedly Calypso's C1250i, which you may recall them unveiling to some skepticism back in May, and from the looks of it, China Telecom will be building out a network of WiFi hotspots for the phones to access for Voice over IP and video phone calls. Though they have yet to demonstrate it, Calypso is promising that switching between cellular and WiFi networks will be "seamless" (we'll believe it when we see it). To get around the problem of there not being enough WiFi hotspots to make calls from, Calypso says there will be a program of rebates for phone subscribers who open up their wireless access points to wireless Voice over IP phone calls. Read...
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