China Unicom, the smallest Chinese mobile operator in the country by subscribers, deployed a total of 7,441 private 5G networks for businesses by the end of last month, the telco said in a statement.
This number shows an increase of 138% year-on-year.
The Chinese carrier also said that IoT terminal connections grew by 27% to 474.4 million.at end-October.
In August, China Unicom had forecast double-digit profit growth for 2023, mainly driven by gains in its private 5G and cloud businesses.
