As 5G begins to gain greater ground in today’s world, the ICT sector is beginning to realize its potential. The possibilities, with a network like this, are unfathomable. 5G offers tremendous revenue opportunities for telcos, which include opportunities beyond the smartphone.
5G & IoT NA
Nokia has announced that Canadian startup company HaiLa, which offers technologies that can drastically reduce energy consumption for Internet of Things devices, has won the 2019 Nokia Open Innovation Challenge.
Mavenir, a US-based Network Software Provider, and the industry's only end-to-end cloud-native vendor for CSPs, announced today its 5G Core platform, which includes a comprehensive set of 5G core functions on a containerized cloud-native platform. The decomposition of functions into these modular units provides the operators the flexibility to scale them independently; scalability and flexibility that wasn’t possible with 4G EPC.
A report released by ABI Research urges telecom operators to be more aggressive with their 5G deployment in cities to leverage the new potential economic value.
US officials revealed a plan to accelerate their deployment of 5G wireless networks with new funding estimated at $20.4 billion to build high-speed internet in rural areas.
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