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Stock impact report

China Telecom joins hands with rival China Unicom to build 5G network [Reuters]

CHINA TELECOM (CHA) 
Company Research Source: Reuters
China Telecom joins hands with rival China Unicom to build 5G network - Reuters 1 Min Read Sept 9 (Reuters) - Two of China’s big three state telecommunications companies, China Telecom and China Unicom, on Monday entered an agreement to build a 5G mobile network in a bid to reduce costs. China Telecom had last month said it was ready to join hands with its rivals to build the network. Under the “co-build, co-share” deal, both parties will demarcate districts in 15 cities for the network construction, mainly with reference to their respective total scale of 4G base stations. (Reporting by Devika Syamnath in Bengaluru; Editing by Hugh Lawson) All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2019 Reuters. All Rights Reserved. China Telecom joins hands with rival China Unicom to build 5G network Sept 9 (Reuters) - Two of China’s big three state telecommunications companies, China Telecom and China Unicom, on Monday entered an ag Show less Read more
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