AT&T Co has signed an agreement with the People’s Republic of China allowing it to supply personal telecommunications products with manufacturing partner S Megga International Holdings Ltd’s S Megga Telecommunications Ltd unit: the two have a memorandum of understanding with the China National Posts & Telecommunications Industry Corp to market and distribute AT&T-brand telephones, facsimile machines and other consumer items through hundreds of mainland outlets; consumer products account for an estimated 20% of a total Chinese telecommunications market of $7,000m a year.
