China to become biggest 5G market by 2025 as network grows

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

BEIJING (CHINA DAILY/ASIA NEWS NETWORK) - China is set to become the world's largest 5G market by 2025 with 460 million users of the next-generation superfast network, a report released on Wednesday (March 20) said.. Read more at straitstimes.com.

BEIJING - China is set to become the world's largest 5G market by 2025 with 460 million users of the next-generation superfast network, a report released on Wednesday said.

Said GSMA director-general Mats Granryd:"After spending billions over the last decade deploying 4G networks to all corners of the country, Chinese mobile operators are now set to invest a further US$58 billion over the next two years to prepare for and begin 5G rollouts, laying the groundwork for China to become one of the world's leading 5G markets."

The report came as China's big three mobile operators-China Mobile, China Unicom and China Telecom-roll out trial operations of 5G systems in a string of cities. They aim to fully commercialise the technology in 2020. "These changes are right before our eyes," Hu said."This year, 5G will also play a vital part in triggering explosive growth in virtual reality and augmented reality because it can solve all the technological bottlenecks that are blocking the industry's development."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSİNESS

Business Business Latest News, Business Business Headlines