China Telecom planning to invade US... consumer market in 2012
2. McLTE (Posts: 724; Member since: 18 Oct 2011)
I\'m sure a lot of the carriers outside of the US look our situation and completely drool.
They can come here and offer much less.. for significantly more money! Who wouldn\'t want to start up their own carrier??
19. protozeloz (Posts: 5387; Member since: 16 Sep 2010)
Not really, actually Latin America is a better market for anyone looking for piles of cash, just buy the local provider and build a monopoly out of people who have no choice but yours. Google worlds richest men
3. rendHELL (Posts: 304; Member since: 09 Nov 2011)
if they have lower plans and better service.. they will definitely get attention...
15. Dave10 (Posts: 1; Member since: 10 Nov 2011)
Great, more products from China. How many products from the US are over there??
21. protozeloz (Posts: 5387; Member since: 16 Sep 2010)
Us barely makes stuff to begin with so aside from Grammy Smith what else would you offer to them?
5. GoodFella (Posts: 112; Member since: 18 Oct 2011)
The difficult thing for them will be Brand Recognition in the United States... But I am all for more choices.
6. GALAXY-S (Posts: 701; Member since: 07 Jun 2011)
i wonder if the service and phones will be dollar store quality??
18. GeckoHA559 (Posts: 47; Member since: 28 Jan 2011)
Thats what most people thought about HTC, Acer, Asus and at the moment ZTE.
20. protozeloz (Posts: 5387; Member since: 16 Sep 2010)
Sir you just nailed a great answer, also add Samsung to that list. And should be complete
7. bbonline (Posts: 38; Member since: 24 Feb 2011)
If the AT&T/T-Mobile deal isn't approved, I would not mind at all having another company buy T-Mobile. Think about it. It's going to happen anyway unless T-Mobile transitions to a TOTALLY prepaid carrier, like Metro PCS and Cricket. Just look at the last quarter's results...More gains in prepaid customers than postpaid ones.
Going back to square one....I'm actually more for T-Mobile to be bought, rather than it converting to prepaid. We need a company that is willing to invest HEAVILY in expanding T-Mobile's network. That's a big reason why T-Mobile isn't growing as fast as other companies. Once this happens, I really see T-Mobile growing at a furious rate.
Let all this happen for the sake of competition, please....
8. Gawain (Posts: 381; Member since: 15 Apr 2010)
This will be interesting how the FCC and Congress handle this. I suspect China Telecom will lobby to allow the AT&T/T-Mobile merger to proceed and China Telecom will buy a large amount of the overlapping markets that must be divested to allow the merger. Totally feasible since no landline infrastructure is being acquired to a foreign entity - something that would not be permitted.
9. downphoenix (Posts: 2563; Member since: 19 Jun 2010)
I would like the DoJ to deny AT&Ts purchase and offer China Telecom and other outsiders a chance to buy them. T-Mobile is a company owned by an outsider anyway, and Verizon Wireless is a dual partnership with Vodafone another outside company. AT&T and Sprint are the only US owned carriers, so T-Mobile going from German to Chinese isnt a big change, but more welcome than AT&T buying it.
10. ryq24 (Posts: 569; Member since: 17 Oct 2011)
if it is cheaper then it will be a success. but i doubt if the us government will allow it for security reasons.
12. remixfa (Posts: 14251; Member since: 19 Dec 2008)
well, if the ATT merger falls through, we know who will be next in line to buy. funk dat, id quit.
13. remixfa (Posts: 14251; Member since: 19 Dec 2008)
and you think you cant understand customer service now!!! lol
14. Droid_X_Doug (Posts: 5987; Member since: 22 Dec 2010)
Other than by acquiring T-Mo, I don't see how C-T makes a credible move into the U.S. market. The barriers to entry are too high.
16. jdrevolution (Posts: 87; Member since: 07 Oct 2011)
I think if they come in and offer good service for cheaper then whats currently on the market it could stand to make the market that much more competitive. Which is, normally, more beneficial for the consumer.
And, if they come in and start setting up stores, call centers, and warehouses (or transition sites or something) then that could also spur jobs here in the U.S.....but it's china, so I don't know if that's really all that accurate hahaha
17. som (Posts: 768; Member since: 10 Nov 2009)
Chinese built everything included $7.5 billion Oakland-San Francisco Bay bridge, status of US Presidents, etc. Made in China.
22. networkdood (Posts: 6329; Member since: 31 Mar 2010)
How much of America is owned by America now?
23. Forsaken77 (Posts: 552; Member since: 09 Jun 2011)
KEEP CHINA OUT OF THIS COUNTRY!!!! They already own like 70% of our economy and debt. NO MORE FROM CHINA!!! Also, all Americans view chinese goods as complete trash. When we make fun of something that broke right after you bought it we say "it was probably made in China." Noone will buy a plan from Chinese cellular, or whatever the hell their name is, simply because where they're from, unless they use a new name here and people don't know who it really is.
24. protozeloz (Posts: 5387; Member since: 16 Sep 2010)
They? Its more like you know, ask people where T-Mobile was from and be amazed