Telecom giants in alliance on 5G

China Unicom, China Telecom team up to accelerate rollout of the superfast tech

The joint push by China Unicom and China Telecom to build one nationwide 5G network is expected to accelerate the rollout of superfast wireless technology in the country, but its impact on upstream telecom equipment makers remains to be seen, analysts said on Tuesday.

Ma Jihua, an independent analyst who has been following the telecom industry for more than a decade, said the move will undoubtedly reduce the construction costs for 5G given the current financial pressure faced by China Unicom and China Telecom.