Mobile network equipment makers eye 5G windfall

The European Union wants European firms to start

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offering 5G—seen as key to develop "next generation" services such as telemedicine or automatic driving—in 2020.

The first commercial 5G roll-outs begin this year and next in the United States, Korea and Japan.

Telecoms operators, who have cut spending in recent years on their networks, hitting network equipment makers like market leader Ericsson, will have to spend hundreds of billions in the coming years to develop their 5G networks.

Deutsche Telekom has estimated the cost of providing 5G networks in Europe alone will be 300-500 billion euros ($370-615 billion).

Read more at: https://phys.org/news/2018-03-mobile-network-equipment-makers-eye.html#jCp