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Calypso Wireless enters video phone contract with China Telecom

MIAMI LAKES, Fla.-Wireless technology company Calypso Wireless Inc. said it will sell broadband video phones to China Telecom under a newly signed three-year, $500 million deal.

Calypso said its phones operate over both wide area networks like GSM and CDMA as well as local area networks like 802.11, and can allow users to conduct video conference calls.

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