China grants 5G licences to its carriers, Huawei in line to benefit
The Chinese Government has granted 5G licenses to its three major carriers – China Mobile, China Unicom and China Telcom – and to the China Broadcasting Network Corp, giving the go-ahead for them to launch commercial 5G networks.
China Mobile, which is the largest of China’s state-owned telecoms, is planning to provide 5G services in more than 40 Chinese cities by September.
5G networks are already up and running in a number of countries around world, like the United Kingdom, the US, Italy and South Korea.
Huawei will get a huge boost from China’s 5G expansion as it will get to…