Shenzhen has reached its initial target of 15,000 5G base stations ahead of schedule, hitting the goal yesterday, according to local media.
It probably helps that Shenzhen is the home city of network-gear giants Huawei and ZTE. But it should also be noted that the city rolled out a series of lucrative incentives to other developers in order to reach its goal. These included cold, hard cash – 10,000 yuan for every base station opened – as well as subsidies of up to 150 million yuan for operators who pulled the networks together.
By August next year, 45,000 base stations are expected to have been built, achieving full coverage of the city. This density will lead the country, and provide fertile ground for the development of 5G-related applications.
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