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China Telecom to Cut CDMA Investment in 2010
China Telecom (NYSE:CHA, 0728.HK) plans to reduce its investment in CDMA networks in 2010 in order to ensure its profit margins, Ccidcom reported November 3 quoting China Telecom Vice President Yang Jie. Yang said that it has over-built its CDMA network in the past two years and will increase CDMA network investment again when its share of the market has increased.
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