![]() ![]() 1 FCC Public Reporting System, Completed Auctions, accessed December 16, 2022. In the United States alone, telcos spent roughly $100 billion to purchase 5G spectrum at auction in 2021. If telcos continue their current approach to 5G monetization, they are poised to regain just a fraction of the $600 billion-plus they are expected to invest in 5G infrastructure between 20 (Exhibit 1). And with good reason: 5G’s faster speeds, lower latency, and higher bandwidth have the potential not only to delight customers with seamless video streaming and lag-free video games but also to enable next-generation tools and platforms that draw on artificial intelligence, the Internet of Things, edge computing, and automation to transform how we live and work.Įnthusiasm alone, however, will not allow telcos to recoup their investments in 5G, let alone thrive in a rapidly evolving landscape. Telcos clearly are excited-if levels of investment are a reliable gauge of enthusiasm-about the future that fifth-generation (5G) mobile networks will bring.
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