China turns on its 5G telecom networks in the hot pursuit of global tech supremacy.

Becky Berkman

2019-12-07 11:30:00 Sat ET

China turns on its 5G telecom networks in the hot pursuit of global tech supremacy. China Telecom, China Unicom, and China Mobile disclose 5G fees of $18-$20 per month. These state carriers provide 5G network services up to $100 per month for 300 gigabytes of fast data transfer with 3,000 minutes of phone calls. Meanwhile, Chinese telecom carriers expect to start the 5G rollout by mid-2020. Some experts warn of challenges to 5G network proliferation since there are now few 5G-capable mobile devices.

5G commercial network services are now available in 50 major cities in China (e.g. Beijing, Shanghai, Guangzhou, and Shenzhen). By 2025, China is likely to become the biggest 5G market in the world. The country can account for the largest number of 5G connections worldwide. Specifically, China can reach almost 110 million 5G users in 2020. As the British mobile industry body GSMA suggests, this massive scale can dwarf the combination of North American and European 5G markets. 5G is one of the major battlefields where China and the U.S. engage in an active tech race. The recent Sino-American trade conflict resolution can help better align the economic interests of both superpowers in the 5G network domain.

 


If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.

Blog+More
U.S. automobile and real estate sales decline despite higher consumer confidence and low unemployment as of October 2018.
Fiona Sydney

2018-10-27 09:34:00 Saturday ET

U.S. automobile and real estate sales decline despite higher consumer confidence and low unemployment as of October 2018.

U.S. automobile and real estate sales decline despite higher consumer confidence and low unemployment as of October 2018. This slowdown arises from the curr

+See More
President Trump nominates Jerome Powell to be the new Federal Reserve chairman.
Fiona Sydney

2017-10-03 18:39:00 Tuesday ET

President Trump nominates Jerome Powell to be the new Federal Reserve chairman.

President Trump has nominated Jerome Powell to run the Federal Reserve once Fed Chair Janet Yellen's current term expires in February 2018. Trump's

+See More
OPEC countries have cut the global glut of oil production in order to boost the oil price in recent years.
Monica McNeil

2018-05-11 09:37:00 Friday ET

OPEC countries have cut the global glut of oil production in order to boost the oil price in recent years.

OPEC countries have cut the global glut of oil production in recent years while the resultant oil price has surged from $30 to $78 per barrel from 2015 to 2

+See More
Bill Gates and Warren Buffett shared their best business decisions in a 1998 panel discussion.
Laura Hermes

2017-11-13 07:42:00 Monday ET

Bill Gates and Warren Buffett shared their best business decisions in a 1998 panel discussion.

Top 2 wealthiest men Bill Gates and Warren Buffett shared their best business decisions in a 1998 panel discussion with students at the University of Washin

+See More
Lyft seeks to go public with a dual-class stock ownership structure that allows the co-founders to retain significant influence.
Amy Hamilton

2019-03-11 10:32:00 Monday ET

Lyft seeks to go public with a dual-class stock ownership structure that allows the co-founders to retain significant influence.

Lyft seeks to go public with a dual-class stock ownership structure that allows the co-founders to retain significant influence over the rideshare tech unic

+See More
Business leaders inspire teams to reach heights of both innovation and profitability with great corporate purpose.
Apple Boston

2020-08-26 10:33:00 Wednesday ET

Business leaders inspire teams to reach heights of both innovation and profitability with great corporate purpose.

Through purposeful leadership, senior managers inspire teams to reach heights of both innovation and profitability with great brand identity and customer lo

+See More