5G is not just the next generation of telecom technology. It is probably one of the greatest technological shifts in our society. At its peak (high band and above) it has potential to change the world into a fairytale land we have seen in sci-fi movies, a digital city with flying cars, intelligent roads, and smart homes. 5G has the potential to power all of those. If the Internet was one of the greatest inventions of all time, 5G gives a whole new scale to Internet connectivity, access, and capacity. For comparison, 5G is expected to be nearly 100 times faster than 4G.
A technological shift of this scale inevitably has both pros and cons. There are still quite a few uncertainties with the technology, timeline, and applications. However, there is one thing that’s certain: it’s a golden period for telco that will power how we all live differently in a 5G and beyond world. We are going to see an unprecedented change in the business landscape, new businesses, new business models, new ways of delivery for education, employment, and healthcare. These are the three pillars of our society, all led by the 5G networks.
This obviously comes with