On 21st Feb Chinese Ministry of Telecom announced a national policy to accelerate 5G rollout, aiming to use 5G Capital Expenditure as a way to stimulate the Economy after COVID-19 epidemic. This is similar to the response seen in 2009 post the GFC when infrastructure building for 3G was seen as way to get money into the system. 3G licenses were issued to the big three carriers (China Mobile, China Telecom and China Unicom).
China Mobile the largest consumer of optical fiber cable (OFC) globally, had announced its 2020 tender China Mobile Tender Points to Gradual Demand Pickup to procure standard OFC cables a month back. Our analysis of the tender had indicated an expected