5G technology (faster connections) is the future of the TLC industry. In order to stay anchored to success, Europe must align itself. The world’s economic powers, such as the USA and China, and the industry’s big names are doing this. Europe, on the other hand, seems to have an unclear position. VuBlog has gathered a collection of articles dedicated to the subject, to investigate how the old continent intends to make strides in development.
5G is coming
According to Ovum, 2020 is the deadline for marketing 5G services, the ultra fast network that is the future of the technology. It is estimated that there will be 24 million subscriptions by 2021. A substantial turnover that no one wants to lose. For some time now, in fact, the world powers and major industry players have announced strategic plans and investments designed to help them seize the opportunity. A few days ago, for example, the Obama administration earmarked 400 million dollars for research and experimentation relating specifically to 5g.
Europe limps on
Moving more slowly than expected, however, is Europe. The Union seems to have taken a ‘wait-and-see’ attitude towards disruptive innovations, as the two articles by Corriere delle Comunicazioni and Key4Biz emphasise. The most important innovation occurred some weeks ago with the signing by the continent’s major TLC players of a manifesto dedicated to 5G. In the text, detailed by Total Telecom, the Companies agree to invest significantly in the development of new networks, asking for decisive action on the subject of net neutrality in return from the European institutions. Some industry insiders, however, fear that this public move is a bluff, as speculated in an article published by RCR Wireless.