HONG KONG -- China's state-owned telecommunications operators are slashing their capital expenditure and increasing cash dividend payouts, diligently following central government orders and keeping their powder dry for the next wave of heavy spending on 6G mobile network infrastructure.
Telecommunication
China's state telcos cut back investments as they brace for 6G
Trio ramps up shareholder returns in response to government directives
China Mobile and China Unicom, two of the three big state telcos alongside China Telecom, have been slashing capital outlays. (Nikkei montage/Kenji Kawase)
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