According to the Cooperation Agreement, China Unicom and China Telecom will cooperate to cobuild one 5G access network nationwide.
The Company is of the view that the cooperation with China Telecom on 5G network co-build coshare, especially co-sharing the continuous 5G spectrum of both parties, will enhance the reduction of 5G network construction, operation and maintenance costs, while achieving 5G network coverage efficiently.
It will also benefit the establishment of 5G service capabilities rapidly and strengthen the market competitiveness of 5G networks and services while improving network investment return and asset operation efficiency, and leading to win-win for both parties.