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China to invest over $150 billion in 5G networks by 2025: Report

July 2, 2019


China is expected to invest over $150 billion in its 5G networks through 2025, China’s state-run news agency Xinhua reported, citing a note from Goldman Sachs.

According to the brief note, nearly three-quarters of this amount will be invested in 5G wireless systems.

“That’s more than the country’s $100 billion investment in 4G from 2013 to 2018, an increase driven in large part by the higher number of 5G base stations and higher initial cost of 5G equipment,” said Allen Chang, a researcher at Goldman Sachs.

Chang also highlighted that Chinese operators are expected to deploy 4.9 million 5G base stations by 2030.

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