For a long time, China's domestic communication companies have been showing the trend of mobile, China Unicom and telecommunications. Now, this balance has been compromised by an uninvited guest? China Radio and Television Network Co., Ltd. broke. At present, we don't know much about this company. According to news reports, on October 12, 22, China Radio and Television Network Co., Ltd. was incorporated in Beijing with a registered capital of 11.2 billion yuan. In addition to covering traditional radio and television companies such as Beiguang Media and Jiangsu Radio and Television, it also introduced new capital such as Hangzhou Ali and Shenzhen Merchants, which further strengthened the strength of the newly established radio and television network Co., Ltd. As the fourth largest operator in China, the news in the city mainly reveals the following information: First, because China is in the leading position in the field of 5G, the establishment of a new operator is conducive to China's more rapid deployment of 5G construction and speeding up the construction of new infrastructure. < P > As the country with the largest number of 5G patents, China is far ahead of other countries in the development and application of 5G technology, ranking first in the world. As a new mobile communication operator, China Radio and Television can speed up the construction of new 5G infrastructure in China and help China to accelerate into the 5G era. In addition, according to different regions and provinces, the main distribution areas of radio and television enterprises may be able to enjoy the convenience brought by 5G first. Second, as a newly established operator, it will definitely cooperate with the original three giants if it wants to gain a foothold in the field of mobile communication
As a newcomer in the field of mobile communication, Radio and Television will definitely cooperate with several other companies if it wants to gain a foothold in this field, so it is bullish on the stock market of the original three giants in the short term. Third, the establishment of China Radio and Television has increased more possibilities for the mobile communication field in China. If it goes public, the company's stock market will be bullish in the future
If China Radio and Television Company plans to go public in the future, the so-called new company in the mobile communication field will definitely be bullish in the future, and I believe that in the near future, the radio and television company will definitely start an IPO.