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Honor's shareholding reform has brought in a new round of investors, including funds under China Telecom.
Huawei achieved a revenue of 585.9 billion yuan in the first three quarters, marking a year-on-year growth of 29.45%.
As of now, 60 operators, together with industry partners, have announced the commercial use of 5G-A.
A total of 12 sets of 5G core network inter-network roaming equipment are needed, with the procurement demand expected to be met by December 2026.
After winning the bid, the buyer will be responsible for the recovery of all scrap cables in the aforementioned regions.
Tao Qing revealed that 5G industry applications now cover 76 major categories of the national economy, indirectly driving a total output of about 14 trillion yuan.
The report showed that revenue for the first three quarters was 290.12 billion yuan, marking a year-on-year increase of 3.0%.
ZTE Corporation's third-quarter report indicated that from January to September 2024, the company achieved a total revenue of 90.04 billion yuan, marking a year-on-year increase of 0.7%.
China Telecom's wired broadband users increased by 1.22 million during the month, bringing the total number of wired broadband users to 196.26 million.
During the month, the number of mobile customers increased by 2.432 million, bringing the total number of users to 1.003977 billion.
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