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China Telecom a strategic partner of Shanghai in Internet Plus
SHANGHAI will become the first city to be equipped with broadband connection with data transfer speed up to 1024 megabits per second (Mbps) in residential neighborhoods by the end of 2018.
China Telecom Corporation Shanghai Branch said its high-speed fiber optic network will enhance and diversify the Internet-based services for ordinary consumers through their smart home appliances.
By the end of this year, a total of 268 residential areas in Shanghai will be covered by 10Mbps.
The announcement came after Shanghai Municipal Government's strategic deal with China Telecom to build Shanghai into a role model for Internet Plus initiatives and applications.
China Telecom plans to invest 27 billion yuan (US$4.1 billion) during the 13th Five-Year Plan period to enhance telecommunications infrastructure and to extend its Internet of Things network.
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