When wireless infrastructure company China Tower Corporation is listed publicly by early 2017, one network operator is expected to get a bigger boost than others—China Unicom, reports the South China Morning Post. Last October, the Wall Street Journal reported the tower company was formed by the three largest carriers in the country, China Mobile Ltd., China Unicom (Hong Kong) Ltd and China Telecom Corporation transferring their assets to the joint venture. China Telecom was leasing 550,000 towers, or 55 percent of its total, from China Tower according to mobileworldlive.
China Mobile leases one million towers, or 30 percent of its total from the state-owned joint venture.
The carriers said the move will
enhance network coverage and save on capital expenditure for
constructing telecom towers, which hold equipment for their mobile
networks, the Journal said. Continue Reading