In a research note, Ticonderoga Securities analyst Brian White suggest China Telecom is close to completing a deal with Apple to carry the CDMA iPhone 4. White cites a report on Chinese website NetEase that claims one branch of the wireless operator is already accepting pre-orders for the CDMA iPhone 4. He also refers to a microblog post, reportedly from a China Telecom employee, proclaiming that the first CDMA iPhone call has been placed on its network.
"It is unclear how pre-orders are available before an official announcement has been made by the two companies," White writes, "however, the key takeaway is that the relationship between Apple and China Telecom is clearly moving in the right direction, a
