Starting from July 1, with the approval of Shanghai Municipal
Telecommunication Administration Bureau, Shanghai Telecom will launch the new
version of "Phone Bill" business, benefiting more clients with small telephone
bills. Clients only have to pay 10% of the average of their bill in the past six
months and their monthly payment. Shanghai Telecom will offer 50% of this amount
to the clients as a bonus. Also, Shanghai Telecom will give incentives to
clients according to the bill of clients. Clients who apply for this service
from July 1 to August 31, 2004 will receive their bonus and prizes from January
to the end of July next year.
It is reported that more than 50% of the clients of Shanghai Telecom use less
than RMB 50 each month.