Promise of 5G is arriving as infrastructure investments amplify long promised gains
“The hard work of putting the fiber on the ground, mounting the radios on the towers, and securing the spectrum, which is one of the largest capex investments that needs to go in for the telcos to secure the right spectrum… and we are getting to a point in the US for example… that the coverage of 5G is almost there,” says Ragu Masilamany, VP and Global Head of Solutions Engineering. “Now we are starting to talk about advanced services over the infrastructure.” According to some industry analysts, by 2030, 5G will reach $7 trillion in economic value. In this podcast we learn about how that value is being delivered in practical and timely ways.
Communications service providers (CSPs) want faster monetization of 5G – and as recession fears loom and energy costs increase, some have a shortsighted view of the network’s true long-term impact. However, industry leaders see a much different picture, with 5G investments already paying off for customers through increased video/gaming usage on 5G (vs. 4G), private 5G networks and customized network packages, demonstrating a taste of what's possible.
“Mobility is here to stay. Flexible workforces are here to stay. And, the quality of the communication is ever more important,” adds Masilamany. “Almost every call is a video call and so that brings additional demand son the network.” To conduct business in the distributed hybrid work model, to achieve factory automation and to do many other things from smart city initiatives to logistics, 5G, or at least the things 5G delivers, has moved from potential gains to expected and needed services.
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