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Radar · Telecom Operators in China

Best Telecom Operators Companies in China

The 71 best Telecom Operators companies in China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Hong Kong Broadband Network.

71companies tracked
$571.3Mdisclosed funding
2unicorns
18have raised
FLIAR INTELLIGENCE · TELECOM OPERATORS × CHINA

Our analysis of 50 Telecom Operators companies

$110.6b in tracked funding; 98% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

50companies analysed
98%cloud-native stacks
2025funding peak (by rounds)
1unicorns
2011median founding year

Ranked: Best Telecom Operators companies in China

#CompanyDisclosed fundingLast roundStageFounderFoundedApp-install YoYPatents & IP focusRecent signals
1Hong Kong Broadband Network 🦄
Provider of fibre optic broadband internet services
$200M135 mo agoPublicNiq Lai
Co-Owner and Chief Executive Officer
1999+9%——
2WiFi 🦄
App for quickly connecting to wifi hotspots without a password
$63M108 mo agoSeries AChen Danian
Founder
2013+6%——
316WiFi
Wifi service in public transit systems
$62M120 mo agoDeadpooled—2011———
4SpeedCast
Provider of satellite connection services
$55M51 mo agoPublic—1983——1 launch · 1 partnership
5WiWide
End to End public wifi service provider and marketing platform for merchants
$49M138 mo agoSeries C—2007———
6China Mobile
Provider of mobile & data services
$43M32 mo agoPublic—1997—5,242 patents
Wireless communication protocols, network signaling, data transmission, and scheduling for mobile networks
—
7Chengke Microelectronics
Provider of high speed network telecommunication services
$28M34 mo agoSeries C—————
8263 Network Communication Co
Wireless internet service provider
$21M256 mo agoPublic—1999———
9Snail
Provider of mobile telecommunication services
$12M178 mo agoSeries C—2009———
10Qianhai Mobile
Public wifi provider focused on public transit
$12M132 mo agoDeadpooled—2013———
11Beijing BTB Wireless
Roaming SIM and pocket Wi-Fi provider
$10M127 mo agoSeries APark Dayong
CEO
2003———
12WiFi Banlv
WiFi service provider
$10M138 mo agoDeadpooled—2013———
13TravelRely
Cost effective roaming data SIM cards provider
$5M128 mo agoDeadpooledOrion Chen Wenkai
Entrepreneur
2012———
14Cloopen
Communication related solutions for Telecom operators
$4M80 mo agoSeries D—2009———

Top 12 Telecom Operators companies in China

#1
Public · Beijing, Beijing · founded 1997 · 485000 employees
$42.9Mraised
▾

China Mobile provides voice and data services. Voice services include local, domestic long distance, international, roaming along with VAS such as caller ID, caller restrictions, voice mail, conference calls etc. Data services include SMS, MMS, mobile data and app market place for music, reads, and videos. Li Yue is the CEO & Executive Director of the company. In 2022, the company recorded annual revenues of $140.53B and a net profit of $18.76B.

Funding rounds
  • Oct 2023Post IPO$32.9M
  • Dec 2018Post IPO$10.1M
Investors
Federated Hermes, Pu Yao Jiu Zhou Fund Management
Tech stack
AddthisChart.JsFancyboxHstsJqueryPhp
#2
Series C · Shanghai, Shanghai
$27.5Mraised
▾

Provider of high speed network telecommunication services

Investors
Photon Strong Chain Fund, Henglu Assets
#3
Public · Hong Kong, Hong Kong · founded 1983 · 1200 employees
$55Mraised
▾

Provider of satellite connection services

LinkedIn Pulse recent public activity · Jul 2026
Audience: 68k LinkedIn followers — 17.2% of this cohort's audience
Activity: 1 product launches · 1 partnerships (incl. Lindblad Expeditions) announced in 12 mo
Funding rounds
  • Feb 2022Conventional Debt$350M
  • Aug 2020Post IPO$395M
  • May 2018Conventional Debt$525M
  • Jul 2013Conventional Debt$55M
Investors
Centerbridge Partners, PSP Investments, TA, Argo Investments, INSEAD Alumni France Ventures
Tech stack
Amazon CloudfrontAmazon Cloudwatch RumAmazon S3Amazon Web ServicesBootstrapCloudflare
#4
Public · Hong Kong, Hong Kong · founded 1999 · 4834 employees
$200Mraised
▾

Provider of fibre optic broadband internet services. It offers a range of services including internet broadband, telephony, and IP-TV services for both residential and enterprise customers.

Funding rounds
  • Mar 2015PE$200M
Founders & team
Niq LaiCo-Owner and Chief Executive Officer
Investors
CPP Investments, AlpInvest Partners, MBK Partners, TPG
Tech stack
AkamaiAkamai Bot ManagerAmazon SesAmazon Web ServicesBabelBootstrap
#5
WiFi 🦄
Series A · Shanghai, Shanghai · founded 2013 · 206 employees
$62.6Mraised
▾

WiFi Master Key lets users share their WiFi hotspots on the platform, so users can find the available hotspots nearby and access the shared hotspots for free. Besides, the app also has a built-in power saver, traffic tracker, signal detector and tethering features, making it a handy WiFi connection management tool for smartphone users. To improve user experience, WiFi Master Key has invested extensively in finding ways to create a greater network of supplementary hotspots for even better results. Currently, the app’s hotspots are mainly hosted by companies, Internet service providers or governments as part of their smart city campaigns.. All ChinaNet hotspots, of which there are 8 million littered throughout the country, are available to Wifi Skeleton Key users. Those hotspots are run by China Mobile, the world’s largest telecom operator. App also crowdsources login credentials, so when one user logs into a hotspot, his or her credentials are added to the database so that everyone else on the app can also use that hotspot. Boasts 800 million users globally.

Funding rounds
  • 2017Series A—
  • Jun 2015Series A$10.6M
  • May 2015Series A$52M
Founders & team
Chen DanianFounder
Investors
Eight Roads Ventures, NLVC, Haitong Kaiyuan Investment, Shanda, ACE, QingCong Capital
Tech stack
BootstrapClipboard.JsCloudflareCloudflare Bot ManagementCore-JsEnvoy
#6
Deadpooled · Beijing, Beijing · founded 2011 · 16 employees
$61.6Mraised
▾

16Wifi is among the largest public transportation WiFi developer and operator in China. 16WiFi provides a hardware interface and mobile app that integrate to bring wifi service to China's public transit systems. A hardware dongle on the bus captures 3G and 4G network service from China's telecoms and converts that into a wifi signal which users can then access by logging in through 16WiFi's client mobile app. It has installed more than 30,000 WiFi hot spots as of Jun 2015

Funding rounds
  • Jun 2016Series B$45.5M
  • Jun 2015Series A$16.1M
Investors
Baidu
#7
Series C · Beijing, Beijing · founded 2007 · 27 employees
$48.8Mraised
▾

WiWide provides public wifi networks to stores and restaurants. Its partners include 500+ domestic and international franchises in China such as Starbucks, Burger King, and several airports. WiWide offers an end-to-end solution - it develops the routers and other hardware, network architecture, professional installation, and a dashboard application for businesses to keep track of connected customers. Its advertising clients include Jaguar, BMW, Mercedes Benz, Nokia, Lenovo, and HTC, whose ads get pushed to customers once they connect. As of Dec 2014, it has 30,000+ hotspots. It has been working with Tencent to power its WeChat wifi connection program.

Funding rounds
  • Dec 2014Series C$48.8M
  • 2013Series B—
  • 2012Series A—
Investors
Greenwoods Investments, Xiaomi, Tencent, Dianping, Westwood Ventures
Tech stack
Element UiHstsNginxNode.JsNuxt.JsSectigo
#8
Public · Changping District, Beijing · founded 1999 · 979 employees
$21Mraised
▾

Wireless internet service provider

Funding rounds
  • Feb 2005Series A$21M
Investors
Sycamore Ventures
#9
Series D · Beijing, Beijing · founded 2009
$4Mraised
▾

Cloud-communication platform is affiliated to Beijing Speedtong Information Technology Co., Ltd. which was founded in 2009. It is an internal-invested subsidiary company of Gaoyang Science and Technology Co., Ltd. with registered capital of RMB 10 million. The core team of the company successfully provides communication related solutions for domestic telecom operators and international leading telecom products. In addition, it even further cooperates with top 500 companies like Huawei and gets into foreign markets. The team has a communication technology accumulation not only in traditional communications but also in Internet integration of communication.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers
Activity: 1 expansions announced in 12 mo
Funding rounds
  • Oct 2019Series D—
  • Jul 2016Series B—
  • Nov 2013Series A$4M
Investors
Sequoia Capital, Telstra Ventures, Steppe Capital
Tech stack
NginxJqueryGoogle Tag ManagerGoogle AnalyticsWhatsapp Business Chat
#10
Deadpooled · Shenzhen, Guangdong Province · founded 2013 · 31 employees
$11.5Mraised
▾

Qianhai Mobile is a public wifi provider focused on commuters of public transit. Affiliated with VisionChina Media, a listed media firm. The company's reach spans different routes and approximately 35,000 buses in 18 cities across China. These cities include some of the country's major cities like Shanghai, Shenzhen, Guangzhou and Tianjin.

Funding rounds
  • Jun 2015Series A$11.5M
Investors
Baidu
#11
Series A · Beijing, Beijing · founded 2003
$10Mraised
▾

Beijing BTB Wireless (under Uroaming brand), provides phone rental, pocket Wi-Fi rental, roaming SIM and data card services to the international travelers in China. It is currently providing services across following geographies: China mainland, Hong Kong, Macao, Taiwan, Japan, Korea, Thailand, SEA, parts of Europe and America.It is also extending its services to provide booking channels for local services in travel destinations. In 2015, it has won awards like "Best Outbound Wi-Fi Contribution Award", "Award for Product Innovation of the Year 2015", and "2015 Annual Best intelligent travel solutions provider". Pu Dayong is the CEO of the company.

Funding rounds
  • Nov 2015Series A$10M
Founders & team
Park DayongCEO
Investors
New Enterprise Associates, Steamboat Ventures, Long Hill Capital, Enlight Growth Partners
#12
Series C · Beijing, Beijing · founded 2009 · 63 employees
$12Mraised
▾

Provider of virtual digital technologies with independent intellectual property rights intended for developing online games. The company offers industrial type integrating technology development, content research and development, global distribution, platform operation, traffic management and terminal manufacturing for PC, mobile terminals, cloud computing, smart hardware, VR, AR, AI and other directions.

Funding rounds
  • Aug 2011Series C$12M

Funding & investor landscape

$571.3Mtotal disclosed funding
14companies funded
19disclosed rounds
0rounds last 90 days
Most active investors
Baidu2 rounds
ACE1 rounds
AI Cloud1 rounds
AlpInvest Partners1 rounds
Argo Investments1 rounds
Binghong Capital1 rounds
BlackRock1 rounds
Bluefish Capital1 rounds
CMB New Momentum USD Fund1 rounds
CPP Investments1 rounds

Notable founders

Niq Lai
Co-Owner and Chief Executive Officer · Hong Kong Broadband Network
Chen Danian
Founder · WiFi
Park Dayong
CEO · Beijing BTB Wireless
Orion Chen Wenkai
Entrepreneur · TravelRely
Zhao Lei
CEO · Beijing Aerospace Haoxing Technology
Sheng Tao
Founder & CEO · Short Pig Network
Prism market signals · China · country-scoped Prism corpus, 230,074 docs

Market landscape — 10 sub-themes by coverage

Share of Telecom Operators coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · China

How research on 5G / 6G Networks is moving in China

A read on the academic research around 5G / 6G Networks — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 15,818 China-affiliated papers.

research sentiment over time
200820182026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 24% → 40% across 2008–2026.
top research entities
  • Southeast University1474
  • University of Electronic Science and Technology of China1265
  • Beijing University of Posts and Telecommunications1000
  • Xidian University962
  • Tsinghua University593
leading researchers
Qingqing Wu · Shi Jin · Yongming Huang · Wei Wang · Ming Li · Xiaoming Chen · Wei Xu · Derrick Wing Kwan Ng
▲ Breakthroughs6,068 · 38%
▲ 31%→43% share
▲1.4× share momentum3 median citations65% since 2021mostly methods-led
Breakthroughs are rising (31%→43% of field), led by Beamforming.
rising sub-themes (early→recent)
  • Beamforming536→2634
  • MIMO380→1257
  • Electronic engineering105→699
  • Telecommunications22→464
  • Wireless40→343
Newly emergingReinforcement learning 0→78 · Trajectory 0→48 · Coordinate descent 0→37
Landmark A Coordinated Approach to Channel Estimation in Large-Scale Multiple-Antenna Systems · 1,225 cites
◆ Advancements9,272 · 59%
▼ 64%→55% share
▼0.9× share momentum3 median citations54% since 2021mostly methods-led
Advancements are cooling (64%→55% of field), led by Beamforming.
rising sub-themes (early→recent)
  • Beamforming1219→3417
  • MIMO781→1544
  • Electronic engineering183→823
  • Telecommunications70→594
  • Radar139→474
Newly emergingReinforcement learning 0→82 · Trajectory 0→61 · Covert 0→57
Landmark Large-scale antenna systems with hybrid analog and digital beamforming for millimeter wave 5G · 1,234 cites
▼ Concerns296 · 2%
▼ 2%→1% share
▼0.5× share momentum3 median citations43% since 2021mostly empirical
Concerns are cooling (2%→1% of field), led by Beamforming.
rising sub-themes (early→recent)
  • Beamforming40→83
  • Electronic engineering7→26
  • Wireless4→22
  • Telecommunications3→16
  • Transmission (telecommunications)3→13
Newly emergingCommunications satellite 0→5
Landmark Prospective Multiple Antenna Technologies for Beyond 5G · 859 cites
RESEARCH HOTSPOTS · China

Where 5g 6g is researched across China

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Beijing3423 · +0.69
Hot · BeamformingAdvancing · MIMOOpportunity · CovertConcern · Spatial multiplexing
Nanjing2658 · +0.69
Hot · BeamformingAdvancing · MIMOOpportunity · Computer architectureConcern · Converters
Guangzhou/Shenzhen1505 · +0.71
Hot · BeamformingAdvancing · MIMOOpportunity · Phase (matter)Concern · Spectral efficiency
Shanghai1411 · +0.71
Hot · BeamformingAdvancing · MIMOOpportunity · Reflection (computer programming)Concern · Channel (broadcasting)
Hangzhou693 · +0.69
Hot · SonarAdvancing · BeamformingOpportunity · Communications satelliteConcern · Acoustics
Harbin670 · +0.69
Hot · Adaptive beamformerAdvancing · AlgorithmOpportunity · Differential (mechanical device)Concern · Interference (communication)
Hefei323 · +0.67
Hot · Speckle patternAdvancing · World Wide WebOpportunity · ClutterConcern · Power control
Wuhan316 · +0.68
Hot · Depth soundingAdvancing · Information transferOpportunity · WidebandConcern · Beamforming
PATENT SIGNAL · China

Who's filing 5g 6g patents in China

China 5g 6g patent filing is accelerating — 282,567 filings from 8,000 assignees (2016–2025), led by Huawei TECH, ZTE, Guangdong OPPO Mobile Telecommun; annual filings 14365→39725.

282,567 filings8,000 assigneespeak 39725/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
  • Huawei TECH136827
  • ZTE48757
  • Guangdong OPPO Mobile Telecommun31589
  • Beijing Xiaomi Mobile Software18614
  • VIVO Mobile Communication15968
  • Datang Mobile Communications Equ7494
  • Qualcomm6092
  • Lenovo Beijing5744

Common questions

How many Telecom Operators companies are there in China?
Radar tracks 71 indexable Telecom Operators companies headquartered in China that meet our profile-completeness bar.
What is the total funding raised by Telecom Operators companies in China?
The Telecom Operators companies in China on this list have raised a combined $571.3M in disclosed equity funding across 14 funded companies.
Which is the highest-funded Telecom Operators company in China?
Hong Kong Broadband Network is the highest-funded Telecom Operators company in China, with $200M in disclosed equity funding.
How many Telecom Operators companies in China are funded?
14 of the 71 Telecom Operators companies in China on this list have disclosed at least one equity funding round.
How many Telecom Operators unicorns are there in China?
2 Telecom Operators companies in China on this list are valued at $1B or more.
Who are the top investors in China Telecom Operators companies?
The most active investors in China Telecom Operators companies on this list include Baidu, ACE, AI Cloud, AlpInvest Partners, Argo Investments.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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