China Mobile added 11 million subscribers to its books in the first half of 2020, taking its total number of telecoms subscribers to 946.74 million, as the world’s biggest telco continued to grow.
The company deployed 188,000 in the first half of 2020, as its gargantuan 5G rollout continued it earnest. The company said that it was on course to hit its target of 300,000 base stations by the end of 2020, despite the impact of the Coronavirus pandemic.
China Mobile increased its capital expenditure in 2020 by 8.5 per cent to $25.9 billion (179.8 billion Chinese Yuan Renminbi).
Earlier this year, China Mobile revealed that it would use Huawei and ZTE for the majority of its 5G network build out, with help from Ericsson and a smaller domestic vendor.
China Mobile’s nationwide 5G roll out will involve the deployment of 300,000 base station units in 2020 alone. The deals were worth a collective $5.2 billion.
According to a report in the Financial Times, Chinese tech giant Huawei would provide 57.2 per cent of the total base stations to fuel China Mobile’s 5G roll out. Huawei’s Chinese compatriot ZTE will provide 28.7 per cent while Swedish vendor, Ericsson, will provide 11.5 per cent. The remaining 2.6 per cent will be supplied by smaller domestic players in China.
China Mobile has already completed phase one of its 5G network rollout. The company has stated that it would like to provide 5G to 50 towns and cities by the end of 2020, deploying a total of 300,000 base station units.