CBN to be new player in 5G sector

Start of 4-player battle in China's telecom market on the way

China's multi-billion dollar 5G market is shifting from a trio-game into a four-player battleground, after the Ministry of Industry and Information Technology allowed China Broadcasting Network Ltd to engage in the construction of a network for the fifth-generation mobile communication technology.

The ministry confirmed to China Daily on Wednesday that it has greenlighted CBN to build 5G networks, which will allow it to grab a spot in a market long dominated by the nation's big three mobile carriers - China Mobile, China Unicom and China Telecom.