China approved 5G licenses for a quartet of state-owned bodies on Thursday, winning investment in vendors like Huawei, a report said.
Carriers China Mobile, China Unicom and China Telecom, as well as broadcaster China Broadcasting Network Corporation, got the licenses, according to Reuters.
The carriers were given trial licenses at the end of 2018, but Thursday's announcement lets them begin commercial deployment before the original 2020 timeline. It'll trigger early investment in Huawei and other vendors too, the news gathering service noted.
It follows Huawei signing a deal to help develop Russia's 5G network and comes in the wake of President Donald Trumpeffectively banning the Chine phone maker from US communications networks, based on national security concerns over Huawei's . The US is also not to do business with Huawei.
The company has consistently denied such ties, and its chairman said this week the company is willing towith the US.
Huawei didn't immediately respond to a request for comment.
First published at 5:24 a.m. PT.
Updated at 6:40 a.m. PT: Adds more detail.