Caixin
Caixin Global – Latest China News & Headlines

Home >

ABOUT US

CX Tech is Caixin Global's real-time tech news portal, featuring 24-hour news, short-form analysis, and roundups from business and tech media in China.

LATEST
Chinese Social Media Platform Weibo Punished for Spreading Pornographic Content
Trending in China: Could “76 Days”, a Doc About Covid-19 in Wuhan, Win an Oscar?
Huawei to Establish Biggest-Ever Overseas Flagship Store in Riyadh
China’s First High-School Education Group Files for $100m US IPO
Danish Pension PBU Backs First Close of New SE Asia-Focused Women’s Fund
Tencent Music to Buy Audiobook Platform Lazy Audio for $416 million
Shanghai-Based Robot Developer Closes $46 Million Funding Round
Trending in China: Top Broadcast Exec Questions if Esports Are Really a Sport – Cue Heated Debate
Chinese Video Streamer iQiyi Targets U.S. Market With Animation on Nickelodeon
Chinese Majority Owned Lotus Announce EV Sports Car Venture With Renault’s Alpine
Chinese New Film Materials Maker HIUV on Track to Raise $227m in STAR Market IPO
Jordan Slam Dunks on Copycat Chinese Sportswear Brand Forcing Them to Change Their Name
Trending in China: Will ‘Chinese Baijiu’ Name Change Propel It To Global Dominance?
EHang Pioneers Self-Flying Drones for Tourists in Greater Bay Area City
TCL Squashes Rumours it is Withdrawing From North America Amid Empty Shelves
Chinese PE Fund Manager CICC Capital Secures $649m Second Close of Biomedicine Fund
WeRide Receives $310 Million as Beijing Opens Highways to Autonomous Car Tests
China’s Orchid Asia Leads Funding in Delivery Platform Fantuan, Edtech Startup Ivydad
U.S.-Listed Video Streamer Bilibili Files for Secondary Listing in Hong Kong, CNBC Reports
Dining Delivery Pay Dispute Leads Man to Set Himself on Fire
Chinese Wireless Telecoms Operators Join Forces to Build 5G Base Stations to Reduce Costs

Qu Hui and Ding Yi / Nov 27, 2020 05:13 PM / Business & Tech

China’s state-owned mobile carriers are embracing a plan to share resources in the construction of a 5G network in response to the government’s calls for industrywide collaboration in building, operating and maintaining the fifth-generation wireless networks to reduce costs.

China Unicom and China Telecom, two of China’s three major state-owned telecoms operators, have joined hands to install more than 300,000 5G base stations across the country in a way that has helped them “save over 60 billion yuan ($9 billion) in investment,”Wang Xiaochu, chairman of China Unicom, said Thursday at the 2020 World 5G Convention in the southern city of Guangzhou.

Wang was echoed by Ke Ruiwen, chairman of China Telecom, who said at the event that the partnership also helped accelerate construction speed, which could be duplicated in 5G base station projects in rural areas and along railway lines.

The number of 5G base stations jointly installed by China Unicom and China Telecom is basically equal to that of China Mobile, the world’s largest mobile carrier based on number of subscribers, which has so far set up some 385,000 base stations across the country, according to China Mobile’s president Dong Xin.

Dong added that more than 90 million devices have been connected to its 5G network.

In August, China Mobile announced plans to build a 5G wireless system in partnership with China Broadcasting Network next year, but stressed that the two companies had no plan to establish a joint venture.

In June last year, state-owned China Broadcasting Network joined China Mobile, China Unicom and China Telecom to obtain a commercial 5G license from the Ministry of Industry and Information Technology (MIIT).

To date, China has installed more than 700,000 5G base stations, about 97% of which were built on existing sites, according to Liu Liehong, vice minister of the MIIT.

Contact reporter Ding Yi (yiding@caixin.com)

Related: China Has 66 Million Devices Connected to 5G, Official Says

 


Share this article
Open WeChat and scan the QR code