M2M is a concept and a general term for all technologies that enhance the communication and network capabilities of machines and equipment. It is a combination of different types of communication technologies. M2M enables all devices and users to share information, saving operation time and improving work efficiency. M2M is not a simple data transmission, but it is an intelligent and interactive communication between machines. Even if no real-time signal is sent, the machine will actively communicate according to the established program and select intelligently according to the obtained data. The communication system refers to the general term of the technology that completes the information transmission function. The modern communication system is mainly realized by the propagation of electromagnetic waves in free space or the transmission mechanism in the guiding medium. When the wavelength of the electromagnetic wave reaches the light wave range, such a telecommunication system is called an optical communication system, and the communication system in the other electromagnetic wave range is called an electromagnetic communication system, abbreviated as a telecommunication system. The purpose of this paper is to explore the study of wireless data sharing method for M2M mobile telecommunication systems in the 5G era. It is expected that the new algorithm will make the wireless resource allocation more reasonable and improve the resource utilization rate. The performance of the deterministic measurement matrix proposed in this paper is close to or even better than that of the random measurement matrix. The M-SP algorithm greatly improves the performance of the SP algorithm. The experimental results of this paper show that when the number of microbase stations is 10, the energy consumption of the direct algorithm is 175000 W, the energy consumption of the indirect algorithm is 350000 W, and the energy consumption of the direct algorithm is much smaller than that of the indirect algorithm.