China Mobile seeks $6bn for cloudy infrastructure refresh with Shanghai stock float


Source: theregister.com theregister.com

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China added 300 million 5G subscribers and a million 5G base stations in 2020 China Mobile had 939 million customers as of March 2021. 789 million use it for 4G services, 218 million for wired broadband and another 189 million for 5G. Whatever the buzzwords above entail, it will be done at very considerable scale. China Mobile is also a known user of and contributor to OpenStack, so the open-source project could well be in for some more interesting adaptations as the carrier looks does all the R&D and infrastructure-building it hopes the Shanghai listing will fund. Another goal of...