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BII Railway Announces Fee Adjustments to Boost 5G Infrastructure

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BII Railway Announces Fee Adjustments to Boost 5G Infrastructure

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BII Railway Transportation Technology Holdings Co., Ltd. ( (HK:1522) ) has shared an announcement.

BII Railway Transportation Technology Holdings Co., Ltd. announced policy adjustments affecting its civil communication business, including a 30% reduction in fees charged to mobile operators and a gradual cancellation of fees for 4G and lower signals. These changes aim to accelerate 5G infrastructure development in subway tunnels, enhance passenger experience, and address 5G technology’s rapid growth. The company expects less than a 5% revenue decrease for 2025 due to these adjustments and plans to explore new business opportunities to maximize shareholder interests.

More about BII Railway Transportation Technology Holdings Co., Ltd.

BII Railway Transportation Technology Holdings Co., Ltd. operates in the intelligent infrastructure industry, focusing on the investment and operation of civil communication transmission systems for Beijing’s railway transportation. The company generates revenue by charging mobile telecommunications operators for the use of these systems to provide voice and data services in subway lines.

Average Trading Volume: 2,119,598

Technical Sentiment Signal: Buy

Current Market Cap: HK$608.2M

See more data about 1522 stock on TipRanks’ Stock Analysis page.

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