Carriers and vendors have their own reasons to speed up 5G. With LTE networks largely built out, the cellular equipment business is in an historic slump, according to Dell’Oro Group. The period between now and 2021 will be the worst five years in the RAN (radio access network) market since Dell’Oro started tracking it in 2000, the company said last month. The research company doesn’t expect a rebound until 5G deployment starts in earnest.
For carriers, 5G is a chance to expand their business in new areas like IoT. They look forward to moving beyond just selling monthly smartphone plans.
Sign up for CIO Asia eNewsletters.