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On the heels of China Unicom's (NYSE: CHU; 0762.HK; 600050.SH) release of RMB 1,000 3G smartphones, a memo leaked from China Telecom (NYSE: CHA; 0728.HK) states that the operator recently confirmed to provincial subsidiaries that it would roll out a series of RMB 1,000 3G smartphones targeted at students and young subscribers. Read More