China, EU Join Forces To Roll Out 5G By 2020

The European Commission announced a strategic agreement on Monday to cooperate with China on the development of 5G networks.

The deal comes as China is ramping up its 5G and pre-5G efforts to roll out consumer-ready networks by 2020. The high-speed 5G connection is also a vital element in China’s booming Internet of Thing market, as well as a key component in their Smart Cities initiatives.

The European Commission has recently signed similar agreements with Asian market leaders in 5G technology, Japan and South Korea. Both countries, along with China, have made commitments to roll out networks within the next five years.

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