Telecom firms take cautious approach to 5G investment

China’s major telecom players are taking a cautious approach when it comes to 5G investment, an industry report has revealed. UBS Securities Co Ltd, the investment bank and brokerage, expects capital expenditure on fifth-generation communication technology to be more measured compared to the rollout of 4G. Tech standards for 5G have yet to be finalized, while the report is …

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