China Mobile said that it will comprehensively accelerate the pace of 5G network construction and strive to exceed the target of 300,000 5G base stations by 2020 in advance.
At present, China Mobile has built more than 50,000 5G base stations and provided 5G commercial services in 50 cities.
5G will be the main battlefield for investment and competition of the three major operators in 2020. From the perspective of progress and investment strength, China Mobile continues to lead in the 5G field.
China Mobile's capital expenditure budget for 2020 is 179.8 billion yuan, of which 5G-related investment plans are about 100 billion yuan.
China Telecom's 5G capital expenditure in 2020 is about 45.3 billion yuan, and China Unicom's 5G capital expenditure budget in 2020 is about 35 billion yuan.
Recently, the three major operators announced operating data for February, and China Mobile and China Telecom officially announced the number of 5G package users for the first time.
As of the end of February 2020, China Mobile's 5G subscribers were 15.399 million, a net increase of 8.663 million that month, China Telecom's 5G subscribers were 5.17 million, a monthly increase of 4.74 million, and the two totaled 20.569 million. China Unicom did not disclose the number of 5G users.
