Taking it slow

“No matter what happens, our overall capital expenditure during this three-year peak investment period of 5G, including this year, will not increase dramatically”


Comments made by Yang Jie, chairman of China Mobile, at its interim results briefing last Thursday. The company kept its annual capital expenditure at close to $26 billion and left its dividend unchanged. The Financial Times indicated that 5G development in China might have entered more of a ‘go slow’ phase, owing to Huawei’s problems with the US (see WiC507).

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