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June 25 - 13:06
23D
China Mobile to create $4 billion 5G industry fund
China Mobile has revealed more grand plans for 5G. It is to set up a $4 billion fund for industry and it will build 50,000 base stations throughout China this year. It aims to provide 5G services in more than 50 cities after issuing its first licences earlier this month. Chairman Yang Jie made the announcement at a press conference in Shanghai.
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