Huawei gets boost as China issues 5G licenses

From CNET: China approved 5G licenses for a quartet of state-owned bodies on Thursday, winning investment in vendors like Huawei, a report said.

Carriers China Mobile, China Unicom and China Telecom, as well as broadcaster China Broadcasting Network Corporation, got the licenses, according to Reuters.

The carriers were given trial licenses at the end of 2018, but Thursday's announcement lets them begin commercial deployment before the original 2020 timeline. It'll trigger early investment in Huawei and other vendors too, the news gathering service noted.

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