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China Mobile invests $8.7 billion in 5G tech in H1

August 15, 2022

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China Mobile, the world’s largest operator in terms subscribers, invested a total of CNY58.7 billion ($8.7 billion) in the 5G segment in the first half of the year, the carrier said in its earnings statement.

“We put in use a cumulative of one million 5G base stations, including 300,000 700 MHz 5G base stations, which together served 263 million 5G network customers and more than 4,400 5G dedicated network projects,” China Mobile said, adding, “As we continued to expand our 5G coverage, we adopted a scientific approach to coordinating our 700 MHz, 2.6 GHz and 4.9 GHz frequency resources to take full advantage of the complementary strength of each frequency.”

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