What sort of technology, business applications and regulations will need to be in place as 5G networks get up and running? These are issues we need to think about today. On the same day as our conference, US Verizon ‘switched on’ two 5G networks in parts of downtown Chicago and in Minneapolis. The company aims to roll this out to 30 other US cities in 2019.
There are many uncertainties related to new technologies. However, I think that anyone investing in a physical fibre network now must be very critical when it comes to quality. A good cable should last 25 years or more, even under harsh circumstances. If poor components are used, you may end up with too high operating costs, or may even have to re-install network components and cable. We all have to keep working together to make 5G happen and there will be no 5G without deep fibre networks. So we need to build this right – not take a ‘quick and dirty’ approach, but instead build it to the highest quality standards so that it lasts. Let’s build as fast as we can - but let’s do it right.
It has been estimated that by 2021, global Internet users will reach 4.6 billion, equal to 58% of the world’s population, while networked devices and connections will reach 27.1 billion, the equivalent of 3.5 devices per person. Prysmian Group will continue steadfastly contributing to the debate about the foundation of the Gigabit Society, ensuring focus is maintained on the infrastructure needs that will ultimately satisfy the digital demands of worldwide citizens.