China grants bandwidth to fourth 5G operator

China Broadcasting Network Co. was established this week in Beijing, becoming the country’s fourth mobile operator, with a registered capital of CNY101.2 billion ($15.1 billion), Chinese press reported. China Broadcasting Network will provide 5G services in partnership with China Mobile, and is also expected to offer 4G services in the future. China Broadcasting Network’s five largest shareholders are China Broadcasting Network Corporation, with a 51% stake, State Grid Information....
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