With the development of mobile communication technology, telecom operators face a substantial increase in investment in infrastructure construction. Network sharing allows companies to cooperate with each other, so it has gradually become a business strategy when deploying networks. This study adopts in-depth interviews and incorporates value net to explore the perception of network sharing among various participants in the mobile communications market, and examine the views and dissimilarities of different players. This study found that reducing the number of sites through co-sited coexistent can reduce the public’s protest. New players can reduce the investment barriers through network sharing, and network sharing can reduce the barriers for new players to enter the market. The operational focus has shifted to innovative services rather than network deployment. Operators in the market, in addition to competing with customers, should pay more attention to the inclusion of cooperative relations and increase the value-added of each other, which will help the health of the market.