Huawei is rolling out 5G networks in China with a $10 billion fund

Updated September 10, 2018 12:53:30Huawei is expected to announce an investment of $10bn in a new network in China, marking a major milestone in its efforts to become the global leader in 5G connectivity.

The Chinese telecoms giant is reportedly investing a total of $11bn in 5g networks and other mobile technologies, and it will be the first major Chinese telecommunications company to roll out 5g in the country.

Huawei will invest $11.5bn in new networks in 2020, according to a statement from the Chinese state-run China Communications Industry Association (CCIA), the largest telecommunications company in the world.

The investment comes at a time when China is experiencing a wave of network failures, with nearly 70% of its 3G and 4G networks falling behind in some form. 

In 2017, the government of China declared the country’s 5G network to be a national security threat, and last year it ordered the country to set up its own 5G project to replace its current network.

The country’s mobile carriers, which have been under pressure to roll back 5G deployments, have been reluctant to move forward with plans to roll it out, and the new investment could signal the start of a shift in strategy. 

The CCIA said the investment would also help the country “provide new and better mobile technology solutions to the country” and bring more users to the 5G ecosystem.

The announcement comes as China’s National Telecommunications Commission (NTC) is expected to approve the launch of 5G services in the near future. 

According to the CCIA, Huawei is expected to begin its 5G deployment in 2020. 

As a result, Huawei will be able to provide the Chinese mobile operator with new services in areas such as internet and smart home, which are essential to the Chinese telecommunications industry.

The Chinese telecommunications giant is also expected to roll 5G into the countrys largest cities, which could lead to the establishment of an industry-wide network.

Huang Xiangping, the president of Huawei’s 5th largest customer, China Mobile, has previously expressed his desire to deploy 5G in China.

According to a report by Chinese state media, Huawei was reportedly one of the initial investors in 5GB technology that was recently licensed by China Mobile to deploy on the network. 

China Mobile is the largest mobile network operator in the region, and will roll out its own network, and Huawei will take a share of the profits. 

However, the Chinese carrier has been under criticism for rolling out its 5GB network in rural areas, as it has been unable to offer high-speed 4G service. 

Huang also said that Huawei’s 4G network would be available in 2020 in the southern provinces of Wuhan, Chongqing and Guangzhou.

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