Telecom giants to link on 5GBusiness | Tereza Cai 10 Sep 2019
China Telecom (0728) and China Unicom (0762), two of China's three major telecom operators, have announced collaboration in building and sharing a 5G network.
They will jointly build one 5G access network nationwide and share 5G spectrum resources while the 5G core network will be constructed by each party.
Both will delineate and designate districts in 15 cities for each party to build, and the business and branding of each party will continue to operate independently.
They also said that network cooperation by either party with independent third parties shall not impair the interests of the other party.
China Mobile (0941), the other major telecom operator, had 938.64 million mobile customers in July, compared with China Telecom (0728) with 325.8 million and China Unicom (0762) with 324.46 million.