Why Telecom Carriers Need To Accelerate Their 5G Spending

By: Aaron Ricadela

Telecom carriers should accelerate development of high-speed 5G wireless networks, exploiting their deep expertise, or risk missing an opportunity to “disrupt the disruptors” in their industry, experts advise.

The incumbent carriers stand to generate more than half of their revenue from 5G business services during the next decade, executives said at Oracle OpenWorld last month. But they can’t wait years or even many months to build new products, lest other over-the-top market entrants, like Facebook, steal a march on them with 5G business services such as network traffic routing, small business marketing, and cloud hosting and productivity tools, they said.

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