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China grants 5G licences to its carriers, Huawei in line to benefit

The Chinese Government has granted 5G licenses to its three major carriers - China Mobile, China Unicom and China Telcom - and to the China Broadcasting Network Corp, giving the go-ahead for them to launch commercial 5G networks. China Mobile, which is the largest of China's state-owned telecoms, is planning to provide 5G services in more than 40 Chinese cities by September. 5G networks are already up and running in a number of countries around world, like the United Kingdom, the US, Italy and South Korea. Huawei will get a huge boost from China's 5G expansion as it will get to...

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