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China to invest up to CNY 1.5 tln in 5G networks in 2020-2025

Tuesday 12 March 2019 | 11:04 CET | News
China is expected to invest CNY 900 billion (USD 134.01 billion) to CNY 1.5 trillion to create its 5G networks during 2020-2025, writes online publication DigiTimes.com citing the China Academy of Information and Communications Technology (CAICT). During the same period, the direct and indirect economic value derived from the commercial operations of China's 5G networks will reach CNY 10.6 trillion and CNY 24.8 trillion, respectively, the academy said.

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Categories: Mobile & Wireless
Companies: Huawei
Countries: China
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