China Mobile and CBN Jointly Initiated 700M 5G Wireless Network

Updated:2020/5/21 22:23

China Mobile Communications Group Co., Ltd. and China Broadcasting Network Corporation Ltd (CBN) have recently signed the framework agreement on 5G cooperation, committed to jointly constructing 700MHz 5G wireless network and collaborating on content and platform, so as to set up a "network + content" ecosystem and achieve mutual benefit and win-win outcome.

The two sides have settled on the network construction plan to invest in 700MHz 5G wireless network via a 1:1 ratio, and to assume shared ownership and right to use of the assets of 700MHz 5G wireless network.

China Mobile will provide paid transmission bearer network from 700MHz 5G base station to CBN prefectural, municipal, or provincial centers, and will open and share the 2.6GHz 5G network in receipt of pay. China Mobile will undertake the operation and maintenance of the 700MHz wireless network, the corresponding expenses will be paid by CBN. Before 700MHz 5G network is available for commercial use, CBN will enjoy the paid 2G/4G/5G network of China Mobile, so as to offer services to its customers. Furthermore, China Mobile also provides paid international business transfer service for CBN.

In terms of cooperation on 5G, the two sides will retain their own brands, as well as independent operation, but will jointly explore innovation for product and operation model, and carry out in-depth cooperation in content, platform, channel and customer service.

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