Chinese telecoms giant China Mobile says it will transform its business and boost revenue next year by tying up with partners to tap the 5G network, Internet of Things, and smart home development.
The company says it will boost cooperation with top Chinese dot-com firms including Alibaba and Baidu in these areas.
China Mobile and partners like Huawei and ZTE Corp are testing 5G base stations and various devices nationwide.
The new 5G technology offers consumers a bandwidth of above 1 gigabytes per second, 20-50 times faster than current 4G networks.
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