China’s new mobile entrant, broadcast operator China Broadnet, was always going to face an uphill struggle to eat into the market shares of the three incumbent telcos, China Mobile, China Telecom and China Unicom. In the first six months after its official service launch, Broadnet has gained just 5m subscribers, while the three major players announced 117m net new 5G adds in June to November, according to government figures. Of course, in many markets, 5m subs in the first two quarters would be a strong success, but not in China with its vast population and rapid levels of 5G uptake – especially as Broadnet is charging very low introductory prices. At launch, it offered 10GB tariffs for RMB38 ($5.52) and…