China Mobile plans to build more than 300,000 5G base stations by the end of 2020.
China Mobile Hong Kong Company (00941.HK) announced in the official public account on the early morning of April 1 that it officially launched 5G services in Hong Kong and introduced 5G commercial packages and services. As a result, China Mobile became the first operator in Hong Kong to provide a 5G network experience for individual and corporate customers.
According to a statement issued by China Mobile, the 5G network launched in the first phase covers the entire territory, including hotspots, mainstream infrastructure and landmark malls. In terms of network speed, the latency of the 5G network tested at the launching ceremony was less than 10ms, the download speed exceeded 1Gbps, and the upload speed exceeded 130Mbps.
At present, China Mobile Hong Kong Company has established and opened 500 5G base stations in Hong Kong, and 5G coverage in major areas (such as Central and Western District, Wan Chai and Causeway Bay) has reached more than 90%.
According to the plans of the three major operators, the target of 5G base stations in 2020 is 550,000, of which China Mobile plans to target 300,000, and China Unicom and China Telecom plan to jointly build 250,000 5G base stations. The three major operators’ investment and speed in 5G have entered a new level after the “5G first year” in 2019.
Speaking of 5G investment and base station scale in 2020, China Mobile also stated in its 2019 financial report that the company’s capital expenditure budget for 2020 is 179.8 billion yuan, of which 5G-related investment plans are about 100 billion yuan, and it is planned to be at the end of 2020. Build more than 300,000 5G base stations, and basically achieve 5G coverage in urban areas above the city.
According to the Xinhua News Agency on March 27, it learned from China Mobile Group that China Mobile will strive to exceed the target of 300,000 5G base stations by 2020 in advance to ensure the provision of 5G commercial services in all cities above the prefecture level throughout the year. service.
In addition, the speed of 5G landing has accelerated, and the competition for equipment orders has intensified. On March 31, China Mobile’s second phase of 2020 5G wireless network master equipment centralized procurement results were released. Huawei again won the largest share of orders, with an order ratio of 57.20%, and ZTE won a second share, the ratio reached 28.71%. , Ericsson obtained the third share, the proportion reached 11.46%, Datang Telecom 2.63% ranked fourth , Nokia issued because of the higher offer.
As of the close of the Hong Kong stock market on April 1, China Mobile fell 1.04% to HK $ 57.05, with a market value of approximately HK $ 1.17 trillion.