China Telecom Towers Industry Overview
The Chinese telecom tower market is highly consolidated and consists of a few players, such as China Tower Corporation Limited, China Mobile, China Unicom, and China Telecom. These major players in the Chinese telecom tower market are expanding their customer base through strategic collaborations and acquisitions of telecom tower startups. This has led to a moderately high market concentration, with a few dominant players benefiting from significant market share and profitability.
- March 2024: China Telecom is expected to invest CNY 1.9 billion (USD 0.27 billion) in China's quantum firms. QuantumCTek, a spin-off from the University of Science and Technology of China (USTC), allotted 24 million shares to China Telecom Quantum Group at CNY 78.94 per share (USD 11.02 per share).
- February 2024: At the Mobile World Congress 2024 in Barcelona, Spain, ZTE Corporation, in collaboration with China Telecom, unveiled its 5G-Advanced solution, Cluster DRS (Dynamic Radio Sharing). This cutting-edge solution facilitates dynamic radio sharing among base station clusters, promoting the growth of the low-altitude economy. The solution harnesses drone flight trajectories and service needs by extending the well-established "Cluster" resource management concept into the spatial realm. Consequently, the 5G commercial network adeptly forms a base station cluster, employing adaptable spatial beam-sharing methods, guaranteeing drones a seamless 4K video transmission experience.
China Telecom Towers Market Leaders
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China Tower Corporation Limited
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China Mobile
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China Unicom
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China telecom
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ZTT Group
- *Disclaimer: Major Players sorted in no particular order