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The Chinese Government Intends To Merge Two Major Operators To Accelerate The Development Of 5G Networks.
- Sep 05, 2018 -

China's top management is considering the proposal to merge China Unicom and China Telecom, but no decision has yet been made, and the merger may not happen. According to the report, China Unicom and China Telecom are both Chinese state-owned enterprises, and together with China Mobile constitute China's three major wireless carriers. Regarding this matter, China Unicom said on the official Weibo: "The company noticed relevant media reports on the merger of China Unicom and China Telecom. The company did not understand the relevant situation and did not receive any relevant notice." Huawei has previously shown 5G pre- Commercial Systems (Source: VCG) China Telecom also stated that it has not been notified of any such plans. It is reported that the news of the merger of China Unicom and China Telecom has been circulating in recent years. Some analysts believe that China's decision-making layer in the development of China's 5G wireless services how to position, or will affect China's wireless operators to become bigger and stronger. After the news of the merger, the shares of China Unicom and China Telecom listed in Hong Kong rose by 8% and 5% respectively. Regarding the 5G development of Chinese enterprises, Australia announced on August 23 that considering China's national security issues, China Huawei and ZTE will be banned from participating in the construction of 5G networks in Australia. On August 27, some media reported that Japan is formulating policies to ban Huawei and ZTE from participating in its 5G equipment bidding. Although the outside world has been hindering the development of China's science and technology, China's current application in the field of technology is fast-paced and poses a certain threat to the United States.