On the afternoon of January 26, China Mobile announced on the Hong Kong stock exchange that it had signed a specific cooperation agreement with China Radio and television network Co., Ltd. on 5g co construction and sharing, with the two sides jointly building a 700MHz wireless network,CMCC shares the 2.6GHz network with China Radio and television for a fee.
Xiao Yaqing, Minister of industry and information technology, Nie Chenxi, Vice Minister of Propaganda Department of the CPC Central Committee and director of SARFT, Ren Hongbin, deputy director of SASAC of the State Council, Zhu Yonglei, deputy director of SARFT, Yang Jie, chairman of China Mobile and song Qizhu, chairman of SARFT, attended the signing ceremony and jointly launched the joint construction and sharing.
Dong Xin, general manager of China Mobile, presided over the signing ceremony. Liang Xiaotao, general manager of China Radio and television, and Gao Tongqing, deputy general manager of China Mobile, signed the agreement on behalf of both parties.
Since the signing of the 5g co construction and sharing cooperation framework agreement between China Mobile and China Radio and television in May 2020, the two sides have recently reached a comprehensive consensus on specific issues such as construction, maintenance, market and settlement.