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China Telecom and China Unicom saw net profit increase in the first half of the year thanks to an increasing user base and more mobile traffic, the carriers said.
The country’s three major mobile carriers have all posted fiscal reports which showed steady income and booming 5G development nationwide.
Meanwhile, all three carriers plan to build more 5G base stations by the end of the year, which is a national strategy to boost digital innovation and fuel intelligent construction. For all them, Shanghai is a strategic place to set up 5G base stations.
Read more at Shanghai Daily
