Top

5G could add billions to world GDP

December 14, 2018

Via: Techradar

A new report from GSMA has revealed that unlocking spectrum for the mobile industry to deliver 5G services could add $565bn to the global GDP and $152 in tax revenue from 2020 to 2034.

However, government support is needed for the identification of sufficient millimetre wave (mmWave) spectrum for the mobile industry at the next ITU World Radiocommunication Conference in 2019 (WRC-19).

The report titled, “Socio-Economic Benefits of 5G Services Provided in mmWave Bands”, is the first of its kind to examine and quantify the impact of mmWave spectrum on the 5G networks overall contribution to society.

Read More on Techradar