State-owned telecom operator China Broadnet will use its 700 MHz spectrum holdings to run its new network.
Previously known as China Broadcasting Network, the company initially provided cable TV services. In 2019 however, it was granted the spectrum licences by the Chinese regulator the Ministry of Industry and Information Technology.
It later signed a deal with China’s biggest mobile operator, China Mobile, to share and build its network. Initially, China Mobile will own 100% of the network but China Broadnet will have the option of buying the infrastructure back.
China Broadnet is now the country’s fourth mobile operator. It will compete with China Mobile, China Telecom and China Unicom. It is the only Chinese operator to have access to the 700 MHz band, which will enable it to cover wide areas and provide indoor coverage.