Thursday, January 23, 2014
South Korea's $1.5 billion investment into 5g network
South Korea is dropping $1.5 billion into upgrading mobile communications hoping to increase its speed by 1000 times.Although, 5G is as much a marketing advertisement as was 4G. Also, data communications will not be as quick as it sounds. All users interested in 5G would have to purchase a new device that could access it and also companies on 4G like Netflix would have to develop their own data speeds that could be handle South Korea's image of 5G speeds. However, South Korea has led mobile adoption since the 1990s. They've fueled national growth in 2G, 3G, and 4G services. About 97.7% of 18-24 year olds in Korea use the internet and smartphones. A trial of the 5G network is expected to rollout within 3 years and the full rollout in around 6 years. The country's telecom companies are ready for the development of 5G and to take advantage of the network.