Nations striving to maintain their competitiveness in the global market are swiftly embracing 5G technology. The competition to determine which nation would own the most superior 5G network has {investopedia.com} commenced in earnest. Telecommunication service companies globally are competing to construct, verify, and implement commercial 5G networks.https://www.investopedia.com/articles/markets-economy/090916/5g-technology-which-country-will-be-first-adapt.asp
What are the potential consequences or risks involved in the competition for 5G technology? According to projections in a study by Informa Tech, 5G technology could create around 22.3 million jobs and contribute $13.2 trillion to the global economy by 2035. we assess the advancements achieved by various nations in embracing and integrating 5G technology.
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The country referred to as the United States.
The Spectrum Frontiers Order issued by the Federal Communications Commission (FCC) established the necessary foundation for the implementation of 5G technology in the United States.learn more at {investopedia.com}
The Federal Communications Commission (FCC). “Spectrum Frontiers Report and Order and Further Notice of Proposed Rulemaking.” Retrieved on August 8, 2020.
The upcoming technological advancements offer an increased spectrum capacity for wireless communication, smaller wireless cell sizes, and a wider range of modulation schemes. This enables a larger number of wireless users to effectively share the available spectrum. {investopedia.com} 5G technology provides a minimum of one gigabit per second for connection speeds, faster response times compared to 4G technology, and uses millimeter-wave (mmW) bands to enable applications that need high capacity.
In July 2016, the Federal Communications Commission (FCC) initiated the development of regulations for 5G technology, establishing the United States as the pioneer in allocating a high-frequency spectrum for this technology. With the availability of spectrum bands for licensed, unlicensed, and shared users, over four times the amount of spectrum is now accessible for flexible usage compared to prior years. In addition, the amount of unlicensed spectrum available for customers has increased by a factor of 15 compared to previous years.
Republic of Korea
South Korea leads other nations in the implementation of 5G technology.
As of January 2020, the government implemented 5G technology in 85 cities. Government experts estimate that 90% of mobile customers in South Korea will be connected to a 5G network by 2026. South Korea’s success stems from the collaboration of three telecommunications companies: SK Telecom, LG Uplus, and KT Corp, in deploying 5G technology.
KT Corp (ADR) (KT) successfully conducted a trial of NEC Corp’s system, utilizing ultra-high frequencies to carry data at speeds of up to 3.2 Gbps (gigabits per second) in the Taebaek Mountains. NEC’s iPasolink EX microwave system is an ultra-compact solution that facilitates telecommunication between LTE base stations. It offers a simpler alternative to laying fiber for establishing linkages. The microwave system transmits data within the frequency range of 70 to 80 GHz, allowing for better signal propagation compared to other systems. Additionally, it employs an advanced encoding method that enables the transmission of a larger amount of data.
Sweden and Estonia
Telia Company AB, a telecommunications company based in Sweden and Finland, along with Telefonaktiebolaget LM Ericsson (ERIC), a Swedish provider, announced that their 5G test network between Stockholm, Sweden, and Tallinn, Estonia became {investopedia.com} operational on December 20, 2018.
Estonia and Sweden plan to have a commercially accessible 5G network by 2020, but widespread public access will likely take many years to achieve.The initial beneficiaries of the digitalization of industries and the Internet of Things (IoT) will mostly be technological businesses. However, in the long run, the general people will reap the benefits of this technology through the emergence of novel services and applications.
5G technology will enable the management {investopedia.com} of autonomous vehicles and robotic operations in mining, two domains that are currently beyond the capabilities of existing infrastructure. In addition, residents residing in remote regions will see enhanced bandwidth and improved communication capabilities.
Turkey
The 5GTR Forum in Turkey, comprising mobile network providers, Turkish state institutions, non-governmental organizations (NGOs), and domestic producers, is expediting the adoption of 5G technology.
The groups collaborate to exchange information and ideas, assisting Turkey in implementing the technology and ensuring its population is well-informed about its advancements.Upon implementation, 5G technology will facilitate the connection of individuals, transportation systems, objects, and urban areas at faster speeds and with reduced latency, utilizing the existing infrastructure.
