Techniques are disclosed for reducing channel information feedback in communication networks. For example, a method comprises the following steps. A set of mobile terminals and a set of base stations designated to participate in a coordinated multipoint transmission protocol in a communication network are identified. One or more unique downlink communication resource blocks are assigned to each designated mobile terminal that is located in a given first sector of a designated base station. As such, each designated mobile terminal in the first sector of the designated base station: (i) performs a channel state estimation process in response to respective signals received from the designated base stations in the one or more unique downlink communication resource blocks assigned to that designated mobile terminal; and (ii) transmits resulting channel state information back to at least one of the designated base stations.