China Telecom investing US$2.6b in 5G, broadband
China Telecom displays a smart garbage classification and recycle system, which can automatically define the kind of garbage and calculate value of it. The carriers said yesterday to invest 18 billion yuan in Shanghai within three years.
China Telecom will invest 18 billion yuan (US$2.6 billion) in Shanghai on 5G network construction and broadband upgrades within three years, the carrier said on Thursday.
It has signed an agreement with the Shanghai government to establish a “next-generation information technology highland” in the city and plans to build many 5G outdoors base stations to cover the whole city by 2020. It will also improve family broadband bandwidth to 1 gigabytes per second, 5 to 10 times current broadband speed.
Ke Ruiwen, China Telecom’s chairman, and Wu Qing, Shanghai's vice mayor, announced the agreement at a conference in the city.
China will officially debut 5G services later this year, the next-generation of mobile communications technology.
At present, Shanghai has more than 2,000 5G base stations including 5G coverage in railway stations and sports stadiums, Wu said.
China Telecom also announced agreements with partners including Huawei, Tencent, ZTE, 360, AsiaInfo and iQiyi on smart home construction.
The company has set up its national smart home business center in Shanghai, covering next-generation family broadband systems and cloud services.
The carrier also signed agreements with nine Shanghai-based manufacturing and energy giants on Thursday on 5G and industrial Internet. It will help them speed up digital transformation, the firms said.
China Telecom also displayed the latest 5G and AI developments and innovations at the conference, covering smart manufacture, urban management, smart home and digital health care. One of highlights was a smart garbage classification and recycling system, which can automatically define the kind of garbage and calculate the value of it.
