China granted licences to the three MNOs, China Mobile, China Unicom and China Telecom and to the public broadcasting company, China Broadcasting Network
China awarded four 5G licences at the beginning of June 2019 faster than earlier announced. It granted licences to the three MNOs, China Mobile, China Unicom and China Telecom and to the public broadcasting company, China Broadcasting Network.
China Mobile and China Unicom said they planned to offer 5G services in more than 40 cities before the end of September 2019 for China Mobile and without being specific for China Unicom. China Broadcasting Network was issued a basic telecom licence to provide internet data transmission service and domestic telecommunication service in 2016. But the company has never launched mobile services.
China Mobile, China Unicom and China Telecom had been assigned 5G trial licenses at the end of 2018.
The technology is expected to generate 10.6 trillion yuan (about 1.36 billion EUR) worth of economic output and over 3 million jobs between 2020 and 2025, according to a research report by the China Academy of Information and Communications Technology.
