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Nikkei Markets

China Mobile hastens 5G rollout amid virus heat

Company sticking to full-year goals despite impact on services

Delivery worker checks his mobile phone on an electric bike filled with vegetables on a street in Wuhan, where the new coronavirus was first detected late last year.   © Reuters

HONG KONG (Nikkei Markets) -- China Mobile on Thursday signaled plans to expedite the rollout of its fifth-generation telecommunications network, looking past the immediate impact from the new coronavirus outbreak, which has weighed on subscriber growth and the usage of its services.

Yang Jie, chairman of the world's largest mobile services company by subscribers, said on a conference call that the company's new mobile customers fell by 7.25 million in February from a year ago, while the growth in new broadband customers also weakened.

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