Mobile networks have been improving over the years and this article will look into future developments.
Mobile phone customers are continuously looking for faster internet connections that will accommodate their busy lives and need for internet anywhere they are. This high demand suggests investors in telecoms, such as Vincent Bolloré, will want their business to meet customers’ expected results. As there are a lot of network suppliers out there, the client has the flexibility to move somewhere else if they feel they can get a better service. The reasonably competitive sector of network supply results in a better service for clients, and a lot quicker technological advancements as well. Without the high demand of their consumers, network service providers may not have got to 4G yet, let alone 5G. Obviously every provider wants to be the first to offer the consumers what they really want, in the form of 5G, as it will set them out from the rest. The first company to reach these higher internet connection speeds, will pull in any client who needs to utilise the internet when out and about.
The race to 5G is a widespread research project which will benefit everyone involved. Countries which do not yet have 4G will still gain from the leaders in telecoms developing 5G. It is somewhat like a trickle-down system, where the tech is shared with competitors once it is no longer the most sophisticated. When 5G is available in say, South Korea or the UK, then someone like Michael Tsamaz will have better technology offered to him and his company for cheaper. Common internet problems will come to be less typical as the technology is improved, and that is the case across the world, not just in the country where the tech was designed. Every provider still wants to be the one to establish 5G nevertheless, as there will be large profits offered when they sell on the technology. By being the first to develop the technology, they will also gain fame and gravitas from the rest of the field.
People expect faster and faster mobile network signals, and this post will look at the race to 5G. The investment for 5G research and development is substantial, which is further evidence of how keen businesses are to get to the milestone. The EU and South Korea alone have investments in the technology of more than $2bn. This investment is a fantastic sign for the likes of Charles Dunstone, who invests in telecoms and will gain from the investments made into the sector. Better internet speeds are in the interest of everyone, customer, company and state or government. With better internet connections businesses will become more efficient, and this is better for the overall position of a regions markets. This is one explanation for governing bodies and markets both investing an awful lot into telecoms research and development. Mobile phone manufacturers also profit from improved connections, as individuals will really want the newest phone to utilise the better connections speeds.