Jun 28, 2022 07:55 PM

BUSINESS

China’s Fourth 5G Service Launches, With a Tough Road Ahead

By Liu Peilin and Manyun Zou

According to its website, China Radio & Television’s cheapest 5G plan is 118 yuan per month, lower than the prices offered by its rivals. Photo: VCG

According to its website, China Radio & Television’s cheapest 5G plan is 118 yuan per month, lower than the prices offered by its rivals. Photo: VCG

State-owned China Radio & Television Network Co. Ltd. launched the country’s fourth major 5G mobile service as Beijing strives to become a dominant force in the technology’s development worldwide.

China Radio & Television, established by a hodge-podge of state-owned companies and Alibaba Group Holding Ltd. to run a 5G wireless service as its main business, announced the news at an event Monday, three years after it was granted a license to run the business.

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