SinoTel: Signed deal to provide base station monitoring and diagnostics services to China Telecom across 8 provinces and cities in the PRC, for annual fee of RMB25.3m...
Also intends to expand business to provide telecommunication services to end users through co-operation with the Telcos operating in the PRC by establishing telecom infrastructure (including the installation of fibre optic network to end users) in commercial and residential areas. Monthly subscription fee to be shared between the Company and the Telco…
We are ambivalent about this move. While company is adding new revenue streams, it is still early days to determine the resulting financial impact. Moreover, it is also not clear how the risk/ rewards are shared btwn the company and Telco in the provision of services to end users.
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