This is roughly equivalent to the annual capex of all the world’s telcos.
Globally operators spend about $150 billion a year on capex out of their collective revenues of $1.6 trillion.
The total global cost of installing 5G is estimated at $2.7 trillion and the cost of installing it in Europe is estimated at $568 billion.
The collective annual capex of European telcos is $47 billion and their collective annual revenues are $270 billion.
CAICT estimates that the the direct and indirect economic value derived during 2020-25 from the commercial operations of China’s 5G networks will be between $158 billion and $369 billion.
CAICT also estimates that the 5G-related revenues of China’s network operators will be $283 billion in the five year period.
This year 5G-enabled handsets will cost $1,192 and next year $149, estimates CAICT.
Globally 5G phones are likely to account for 7% of 5G handsets this year, says IDC, rising to 18% in 2022.