Bloomberg News
@Bloomberg-News·2.8M subscribers·40.1K videos
LIVE: Mobile World Congress Shanghai Showcases New 5G Tech | Top News
Posted
February 24, 2021
Views
11,307
Likes
118
Engagement
1.04%
February 24, 2021
11,307
118
1.04%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
22:50:56Now Playing(Feb. 24) Chinese participants of Mobile World Congress (MWC) Shanghai that kicked off on Tuesday in Shanghai have presented China's latest progresses in its 5G rollout to their peers around the world.
Progress of 5G development in China and how it has and can be integrated into daily life is no doubt the biggest highlight of the 2021 Congress.
5G means faster and better connectivity between everyone and everything, and is much more than just new phones and faster data speeds.
China's operators have reported rapid gains in both building 5G infrastructure and recruiting customers.
"China has made great achievements in promoting the development of new generation mobile communication technologies and relevant industries. We have built over 718,000 5G base stations so far, accounting for about 70 percent of such stations globally," said Liu Liehong, the vice minister of the Ministry of Industry and Information Technology.
As one of the biggest exhibitors at the event, Huawei has garnered a great deal of attention. Despite US sanctions and the Covid-19 pandemic, the company says it has achieved positive growth in both sales revenue and net profits for 2020.
"We have innovated our service patterns. For example, we have launched a new digital service mode to minimize contact while helping our clients build their networks. In Indonesia, we deployed more than 50,000 base stations together with our clients last year, even though the pandemic was quite severe there," said Hu Houkun, rotating chairman of Huawei.
The MWC is organized by the Global System for Mobile Communications (GSMA).
---
Subscribe to our YouTube channel
Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.
To watch complete coverage on Bloomberg Quicktake 24/7, visit or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app.
Connect with us on…
Breaking News on YouTube
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
