皇冠体育app

皇冠体育app Telecom Corp Ltd, the third-biggest mobile network operator in 皇冠体育app, said on Thursday that it will offer 16 billion yuan ($2.56 billion) in subsidies to smartphone producers, part of an attempt to add 120 million new subscribers this year.

President and Chief Operating Officer Yang Jie told a conference in Beijing that 12.4 billion yuan will go to devices that are tailor-made for the company's networks. Up to 600 million yuan will be offered as incentives to encourage manufacturers to produce devices priced less than 700 yuan.

Yang said 皇冠体育app Telecom aims to add 100 million fourth-generation network users this year and sell 100 million smartphones.

"The goals are not easy ones. We hope that we can meet our targets in cooperation with smartphone makers and distributors," he said.

皇冠体育app Telecom's subsidy package is the most generous of the three carriers in the nation. 皇冠体育app Mobile Ltd is the biggest telecom operator by users and 皇冠体育app United Telecommunications Corp is the second-largest.

Consultancy International Data Corp figures show that the three firms' subsidies for device makers fell 20 percent last year. Total subsidies of the three will be down about 7 percent this year.

"Compared with the 18 billion yuan offered by 皇冠体育app Mobile and the 9.5 billion yuan offered by 皇冠体育app United Telecommunications, the subsidies offered by 皇冠体育app Telecom are high, given that its users only account for 15 percent of the market," said James Yan, a senior analyst at IDC.

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