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January 12, 2020 at 6:13 am #38081
#News(General) [ via IoTGroup ]
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Hands up who’s making money in 5G? And who’s not?
Consumer demand?
What will drive this uptake?
Early results are in
New applications more than new markets
Auto extracted Text……A WEEK IN IoT – 5G is starting strong, says Huawei.
The company’s deputy chairman, Ken Hu, told its annual Mobile Broadband Forum (#MBBF) in Zurich, Switzerland last week that 5th Generation mobile communications “arrived faster than expected,” and that there are now 40 carriers in more than 20 countries supporting 136 different 5G-enabled devices.
One key selling point, say network equipment vendors, is the low latency in 5G services.
Ryan Ding, executive director of Huawei’s Board and president of the carrier business group, noted that in just one year, standards, spectrum, and devices have all become 5G-ready, a speed not seen in previous generations of mobile communications.
In early 2019, South Korea became the first country to launch 5G services nationwide.
To date, 56 carriers around the world have built 5G networks and 40 of these have launched 5G services.
For comparison, Ericsson now has 70 commercial 5G agreements or contracts with unique communication service providers, of which 20 are live networks.
As the number of 5G-enabled devices on the market grows beyond Huawei’s latest count of 136, Ding is confident that the costs will fall.
Huawei itself expects there to be 480 million households worldwide using 5G to support Fixed Wireless Access (FWA) by the same date.
In the consumer market, 5G’s large bandwidth and low latency will also enable new services like augmented / virtual reality (AR/VR), live streaming, video, and gaming.
He added that carriers can also use find new ways of monetising their services through 5G’s new metrics, for example by charging different rates for different latency tiers, and offering value-added content tailored to the local market.
Meanwhile, in the business-to-business (B2B) market some industries are expecting 5G to guarantee service level agreements (SLAs) are met
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AutoTextExtraction by Working BoT using SmartNews 1.0299999999 Build 26 Aug 2019
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