The 5G Spectrum Distribution Scheme Of Zhongjin Evaluation: Relatively Fair Resource Division And Balanced Competition Pattern

According to CICC, the 5G spectrum resource allocation scheme not only takes into account the interests of the three operators, but also balances the market structure.

According to the People's Post and Telegraph report, the highly anticipated 5G spectrum resource allocation scheme was finally announced: China Telecom got a 100MHz bandwidth of 3.4-3.5GHz; China Unicom got a 100MHz bandwidth of 3.5-3.6Ghz; China Mobile got a 160MHz bandwidth of 2515-2675Mhz and a 100MHz bandwidth of 4.8-4.9Ghz. The spectrum resource pattern of the three major operators in the 5G medium and low frequency band has basically formed. We believe that the 5G pattern has initially formed.

  • According to People's Posts and Telecommunications, the highly anticipated 5G spectrum resource allocation scheme was finally introduced: China Telecom 100MHz bandwidth 3.4-3.5GHz; China Unicom 100MHz bandwidth 3.5-3.6Ghz; China Mobile 160MHz bandwidth 2515-2675Mhz and 160MHz. The bandwidth of 100MHz ranges from 4.8 GHz to 4.9 GHz. The spectrum resource pattern of the three operators in 5G medium and low frequency band has basically formed. We believe that the 5G model has been preliminarily formed.

The spectrum resource pattern of 5G medium and low frequency band of the three operators has been established, and the industry has dispelled the doubt of 5G development. The results of issuance are basically consistent with our previous prediction. The three operators will speed up the field test and business specification test after they get the spectrum. We expect that the commercial trial in 2019 and 2020 will be realized smoothly, and the deployment and development of 5G network will meet the expectations.

  • Spectrum Division Considering the Benefits of Three Operators

China Unicom and China Telecom acquired 3.5GHz international mainstream frequency band; China Mobile acquired 2.6+4.9GHz combined spectrum, the results were mutual growth, and the industry competition pattern tended to be balanced.

China Unicom and China Telecom have acquired the 5G band of the international mainstream near 3.5GHz, which has the following characteristics: 1) the industry chain is relatively mature, R&D is relatively perfect, and it has the most universal feasibility; 2) the development progress is relatively fast, the time for commercial use is relatively early; 3) lower frequency, more economy, lower density of base stations, capital expenditure. Relatively small.

China Mobile obtains 2.6+4.9 GHz combined spectrum, which has the following characteristics: 1) the 100M bandwidth of 4.9 GHz can support more users and traffic, but the density of the base station is larger, which brings certain pressure on capital expenditure; 2) the maturity of 2.6 GHz spectrum industry chain is low, which requires China Mobile to actively promote the cultivation and layout of industry chain. But it has wide coverage and small capital expenditure, and can also bring dual-band insurance for 5G commercial use. Although the research and development of 2.6GHz band started late, we expect that mobile will have large-scale networking capacity in the second half of 2019, which will not significantly affect the pace of scale commerce.

  • The division of 5G spectrum resources is relatively fair

China Unicom and China Telecom, which are relatively weak, have access to the 3.5 GHz band near the most mature industrial chain and the fastest R&D progress; China Mobile, which has the largest operation scale, has access to large bandwidth spectrum resources and is double-insured by combining spectrum. The distribution scheme not only takes into account the interests of the three operators, but also balances the market structure.


News from Wall Street.