
Obviously, 5G competition has already begun. The more obvious signs are that Europe may lag behind the United States, China and other parts of Asia. Korea Telecom is one of the companies participating in the 5G trial of the Winter Olympics. It shows a Virtual reality games, and live broadcast via ultra-high-speed mobile Internet standards. At the same time, Hans Vestberg, chief technology officer of U.S. mobile network operator Verizon, said that he believes that the United States and parts of Asia are 5G technology is indeed leading.
However, while Americans and Asians are making rumors about 5G and expressing optimism, Europeans have adopted a more conservative attitude. Even European Union lawmakers do the same. Commissioner of the European Commission responsible for the so-called digital single market, Andrews. Andrus Ansip said in an interview: 'I'm worried about this!'
The European Union has already established a connectivity goal. One of the goals is that by 2020, at least one major city in each member state has a fully commercial 5G network. To achieve this goal, Ansip said that it will need 500 billion euros ( Investment of about 615 billion U.S. dollars. However, according to the current speed, there is still a capital shortfall of 155 billion euros.
Part of the problem in Europe is spectrum allocation, which is the specific radio wave required by various communication standards. Although other countries are advancing and providing spectrum for 5G, Europe has huge differences on this issue.
EU legislators decided last week to release 5G radio frequencies in 20 years. However, many industry organizations including the industry organization GSMA, which represents the global mobile operator, have indicated that this will require more investment. GMSA Director General Matthias Gage Mats Granryd said that before the introduction of the new EU law, a longer period of spectrum ownership is required.
Grande said: 'It takes time to build these networks (and) to get a return on investment. Therefore, we need to make sure that the spectrum we buy belongs to us for a very long time.'
Another problem is that the 28 member states of the EU have different rules. According to CCS Insight, AT&T, Verizon and other US mobile operators have promised to start 5G technology this year and next year. China will become the largest by 2022. 5G market.
Although 5G promises to provide high-speed Internet access, the slow action of the EU may make it fall behind in this competition. This is bad news because this technology may promote business, consumer, and economic development.