China’s Telecoms Are Cautious on 5G, Says Jefferies’s Lee

The video discusses the gradual rollout of 5G and its impact on the market, particularly focusing on China Mobile's dividend strategy and CapEx guidance. It highlights the cautious approach of Chinese telcos towards 5G spending and the lack of immediate applications justifying a larger buildout. The role of Huawei in the 5G landscape is examined, considering potential risks from US-China trade tensions. Additionally, the video explores the significance of 2G refarming for future network capacity, emphasizing the need for maintaining 4G networks to handle data and voice traffic as 5G is primarily for data services.

In what ways could the Huawei situation impact the 5G rollout in China?

Why is 2G refarming considered consequential for China Mobile and China Telecom?