Apple and China Telecom appear to be closer to signing an iPhone distribution deal, says Ticonderoga Securities' Brian White. The analyst points to a NetEase claim that one branch of China Telecom has started accepting pre-orders for a CDMA iPhone. He also mentions a microblog post believed to have been made by a China Telecom worker, stating that the CDMA iPhone 4 has made its "first call in China."
