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Stock impact report

Tech cold war: China speeds up 5G launch [Seeking Alpha]

CHINA TELECOM (CHA) 
Company Research Source: Seeking Alpha
Tech cold war: China speeds up 5G launch Speeding up its 5G launch, China has given the go ahead for its major state-owned mobile carries to start rolling out next generation networks, granting licenses to China Telecom (NYSE: CHA CHL CHU "First and foremost, the tech cold war is going on, and China does not want to remain behind the U.S. and Korea," said "Second, in light of the Huawei trade ban, (Chinese officials) want to provide Huawei with an early base to use their equipment and roll out before they don’t have access to U.S. components and gear." Show less Read more
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