The mobile communications industry will invest massive amounts of money in high-speed 5G data communications in the coming years. Of the investments of 753 billion euros estimated worldwide by 2025, around 80 percent should flow into the 5G network expansion, says the general director of the industry association GSMA, Mats Granryd. The corona pandemic did not stop the development of the 5G networks, he emphasized at the start of the Mobile World Congress in Barcelona.
According to the information, 3.8 billion people currently do not use high-speed Internet connections. Only around 500 million of them lived in areas where no cellular broadband was available. There is already network coverage for the remaining 3.3 billion, but they either cannot afford the fast mobile Internet or do not want to use it.
The GSMA is hosting the Mobile World Congress, which started on Monday in Barcelona, Spain. In view of the corona risks, however, most of the major exhibitors stay away from the fair – among others, the smartphone world market leader Samsung and companies such as Ericsson, Nokia and Deutsche Telekom are missing.
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
