China Telecom, the third largest mobile operator in China yesterday revealed that it has become the exclusive network operator in China to sell Microsoft’s Xbox One system. China Telecom will also sell Xbox One through all its sales channels. Back in April, Microsoft announced that they are launching Xbox One in China in September. Thanks to the partnership with BesTV, Xbox One will also be the first system of its kind to launch in China. Launching Xbox One in China is a significant milestone both Microsoft and for the industry. The culture of games and entertainment is rapidly growing in China, with nearly half a billion people playing games – roughly a third of the country’s population and more than the entire population of North America. The gaming industry saw massive growth in the last year – generating more than $13 billion in 2013, an increase of 38% in the ...

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Back in April, Microsoft announced that they are launching Xbox One in China in September. Thanks to the partnership with BesTV, Xbox One will also be the first system of its kind to launch in China. Launching Xbox One in China is a significant milestone for both Microsoft and for the industry. Today, Chinese online electronics site Zol.com posted an image showing that Xbox One will cost around 4500 RMB in China. 4999 RMB is about $800! Yes, China will have to pay more the console even though it was manufactured locally due to their taxing structure. Kotaku claims that this is just the expect price of the unit, Zol and the rest of Chinese media are citing one webpage, a webpage that Kotaku’s been unable to access, as the source of the 4999 RMB price point. Looking at the screen capture, the 4999 RMB price tag might just be the ...

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