Telecoms plan big 5G capex
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China’s state telecom firms have announced big investments in 5G infrastructure for 2020.
China Unicom has earmarked about RMB 35 billion, two and half times more than in 2019.
China Telecom expects to spend RMB 43.5 billion.
China Mobile said it could spend as much at RMB 100 billion.
Some contex...