Chinese state-owned telcos remain reluctant on big 5G investments

Despite the hype, carriers seek money-saving measures amid dismal growth

20200323 Chinese Telco

China's mobile carriers are taking a cautious approach to their investment in 5G infrastructure. © Reuters

KENJI KAWASE, Nikkei Asian Review chief business news correspondent

TOKYO -- China's three largest mobile telcos are approaching the country's 5G expansion with caution in a sign of how government ambitions for a swift rollout are clashing with industry's desire to keep a tight rein on spending and reward investors.

While the government sees 5G as a key strategic priority, the carriers have mapped out plans to be as prudent as possible as economic growth stalls.

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