Chinese telecom operators speed up 5G investment


Consumers experience 5G mobile phones at a business hall of a China Mobile branch in Beijing, on Oct 31, 2019. - Xinhua

BEIJING (China Daily/ANN): Three major Chinese telecom operators -- China Mobile, China Unicom and China Telecom -- announced plans to pump up 5G investment in the second half of the year by furthering base transceiver station construction from urban cities to rural areas, according to the companies' recently released financial reports.

In the first half of 2020, total 5G expenditures by the three telecom operators reached nearly 88 billion yuan (us$12.72 billion), and the yearly budget in this area is estimated to exceed 180 billion yuan, Economic Information Daily reported.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

China , telecom , 5G

   

Next In Aseanplus News

Three bidders win Vietnam gold auction at high price
Homemade with love: Siblings publish Hakka and Nonya cookbook with late mum’s recipes
Apple’s China iPhone shipments soar 12% in March after discounts
Hong Kong court bans protest song 'Glory to Hong Kong'
Police in Vietnam arrest 20 for hacking Facebook accounts
Learn about the Malaysian tapir from these places around the country
Scammers use trojan horse virus to dupe 79-year-old SG man of RM605,000 of life savings
Laos to strengthen animal health systems, reduce disease threat
Hong Kong police foil dramatic robbery attempt caught on CCTV
Number of Myanmar displaced now at 3 million: UN

Others Also Read