Mobile networks have been developing over the years and this short article will consider future changes.
Individuals want quicker and quicker mobile phone internet signals, and this post will look at the race to 5G. The investment for 5G research and development is massive, which is further proof of how keen businesses are to reach the milestone. The EU and South Korea alone have investments in the technology of more than $2bn. This financial investment is a fantastic sign for the likes of Charles Dunstone, who invests in telecoms and will benefit from the financial investments made into the sector. Better internet speeds are in the interest of everyone, consumer, business and state or government. With better internet connections firms will become more reliable, and this is far better for the general position of a nations industries. This is one explanation for governing bodies and industries both investing so much into telecoms research and development. Mobile phone manufacturers also profit from much better connections, as people will want the latest phone to utilise the better connections speeds.
Mobile telephone customers are constantly shopping for faster internet connections that will correspond to their hectic lives and need for internet wherever they are. This high demand means investors in telecoms, such as Vincent Bolloré, will really want their business to meet customers’ demands. As there are a lot of network suppliers out there, the customer has the flexibility to move elsewhere if they feel they can get a improved service. The reasonably competitive sector of network supply results in a better services for clients, and quicker technical advancements as well. Without the high demand of their clients, network service providers may not have reached 4G yet, let alone 5G. Distinctly every company wants to be the 1st to provide the clients what they want, in the shape of 5G, as it will set them out from the rest. The first supplier to reach these high internet connection speeds, will pull in any client who needs to use the internet when out and about.
The race to 5G is a widespread research project which will benefit everybody involved. Countries which do not yet have 4G will still gain from the leaders in telecoms crafting 5G. It is somewhat like a trickle-down system, where the technology is shared with competitors once it is no longer the most sophisticated. Once 5G is available in say, South Korea or the UK, then someone like Michael Tsamaz will have better tech available to him and his company for cheaper. Common internet problems will become less typical as the tech is improved, and that is the case all over the world, not just in the country where the tech was produced. Every provider still wants to be the one to develop 5G nevertheless, as there will be huge profits available when they sell on the tech. By being the first to develop the tech, they will also gain fame and gravitas from the rest of the field.