Explainer | What is 5G and how will it change the world?
- Commercial 5G services were available from 87 mobile network operators in 39 markets around the world as of June 30
- China Mobile, which already runs the world’s largest 4G network, has the industry’s biggest 5G operation by number of subscribers
That development is expected to rev up digitisation across traditional industries, which is projected to yield more than 10 trillion yuan in growth over the same period.
Initial commercial 5G mobile services were rolled out last year in South Korea, the United States, Australia, Britain, Switzerland, Spain and Monaco. Yet the scale of China’s market is likely to dwarf the combined size of those economies, negating any first-mover advantage.
This 5G explainer includes information from previously published articles in the South China Morning Post about the next-generation mobile system, as well as relevant data from the research arm of telecoms trade group the GSM Association (GSMA), standards development body the 3rd Generation Partnership Project (3GPP), the International Telecommunications Union (ITU), and recent reports from AllianceBernstein and other sources.
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