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China International Capital Corporation Limited said in a research note the partnership between China Unicom and China Telecom will significantly relieve the financial pressure on the two companies. The acceleration of the 5G rollout will also bring benefits to telecom equipment makers such as Huawei Technologies Co and ZTE Corp.
China Tower got listed earlier this month to raise money for future growth. It is also expanding into new business areas by partnering with Alibaba Group Holding Ltd, State Grip Cop of China and other companies. Such cooperation is based on the fact that telecom towers can be shared by different industries because they have access to both wired and mobile networks and are linked to a steady power supply.
China Railway Corp declined to comment on the report.
China Mobile Shanghai selected Huawei's 5G Digital Indoor System, which is currently the industry's only commercially-available solution for 5G indoor coverage. This product was developed in Shanghai, and is now ready for mass delivery. Huawei's 5G system is undoubtedly the best choice for 5G commercial deployment of operators, Huawei added in a statement.
China United Network Communications Group Co Ltd, the country's second-largest mobile carrier by subscribers, has agreed to raise a total of 78 billion yuan (.7 billion) from strategic investors, as part of the Chinese government's push to rejuvenate State-owned enterprises with private capital.
来源：资阳报