It’s official. After much anticipation, China named the first companies to receive 5G licenses for commercial use on Thursday.
The announcement from the Ministry of Industry and Information Technology, the country’s telecoms authority, came as Huawei, the Chinese company that captured nearly 30% of the world’s telecom gear revenues in 2018, faces mounting scrutiny in the west over potential security concerns.
The greenlight arrived months ahead of the long-expected due date for China’s 5G licenses, which was said to be late 2019. The acceleration clearly demonstrates Beijing’s ambition to race ahead in the global 5G industry where the United States and South Korea already had a head start in commercial deployment.
The MIIT approved three network operators — China Telecom, China Mobile, China Unicom — and cable network company China Broadcasting Network to run the next-gen cellular connectivity.
Other players in 5G, including network equipment makers, smartphone manufacturers, chip … Read the rest