China Mobile Communications Group, the parent company of China Mobile has entered into a collaborative agreement for joint 5G deployment and sharing with China Broadcasting Network (CBN).
The parent company of China Mobile currently holds a license for the 2.6GHz and 4.9GHz frequency bands of the radio spectrum which can be used for 5G deployment on a nationwide basis. CBN has already obtained an operating permit for 5G digital cellular mobile service, and can legally use the 700MHz and 4.9GHz frequency bands of the radio spectrum to build 5G network.
The agreement mandates that two companies to jointly determine network construction plans, jointly invest in the construction of the 700MHz 5G wireless network at a ratio of 1:1, and jointly own and have the right to use the 700MHz 5G wireless network assets. China Mobile shall provide transmission carrier network services to CBN between 5G base stations in the 700MHz frequency band and CBN’s connection points in local cities or provincial centers on a paid basis, and also open up and share its 5G network in the 2.6GHz frequency band on a paid basis. China Mobile shall undertake 700MHz wireless network operation and maintenance works, while CBN shall pay to China Mobile network operation and maintenance fees. Before the 5G network in the 700MHz frequency band becomes commercially available, CBN may share China Mobile’s 2G/4G/5G networks on a paid basis to provide services to its customers. China Mobile shall provide international business transfer services to CBN on a paid basis.
