Credit Suisse Reiterates China Telecom, Handset Business Expected to Be Accretive to Company
December 30, 2013 at 11:23 AM EST
In a report published Monday, Credit Suisse analyst Collin McCallum maintained a Neutral rating on China Telecom Corporation Limited (NYSE: CHA ). According to the report, “The introduction of an asymmetrical interconnect regime, under which China Telecom will pay Rmb0.04/min to China Mobile but still receive Rmb0.06/min will raise FY14