In: Economics
please explain as many as possible and as clearly as
possible :
1. Why 5G will be a rollout rather than a launch? 2. What are the
concerns about 5G in terms of privacy?
1. 5G will be a rollout rather than a launch...Telecom operators haven’t been shy about extolling 5G, for good reason. For consumers and businesses, 5G will be unlike any previous kind of mobile technology. And for telcos, too, 5G will be unlike anything that has come before it. New 5G networks will foster a host of innovative uses—and for operators, new business models.
But there are some catches. Those use cases won’t all be ready at the same time. They won’t be equally applicable to, or profitable in, all markets. And each will require a different kind of 5G network to work best.
This means that the usual approach to launching a network—first roll out the technology, then design the offers—won’t cut it. Instead, telcos will have to think about the use cases for monetization right from the start. The commercial functions will need to take the lead, working with the network and finance functions to define the right use cases and the right network requirements on a granular, microregional level.
This cross-functional, surgical approach to launching a network will be uncharted ground for many telcos. But it’s an approach they’ll need to embrace and master to ensure that the business case for 5G stacks up—and to realize its full potential
The extremely inaccurate statements being made by certain MPs was disappointing,” Jones said when I spoke to him after Antoniazzi’s comments. “I think you would expect better from people representing constituents. I would expect a higher standard of research to have been done.”
Realistically, the more novel capabilities of 5G won’t be available to customers until 2022 or 2023, as they rely on a second-wave, “standalone” version of 5G technology that doesn’t piggyback off existing LTE networks, as well as on a new 5G core. These capabilities include end-to-end network slicing (allowing for the creation of highly customized “virtual” networks within a single physical network), ultra-low latency (reducing delays in getting information from one place to another), and the ability to reliably and efficiently connect vast arrays of devices on the Internet of Things (since a single 5G cell can support many more connections than a single LTE cell can).
For telcos, this means that many 5G-enabled business models—particularly in the B2B space—are some years out. Yet most operators don’t have the luxury of waiting until all the technological elements are ready. The reason goes beyond the usual worry about what the competition is doing. Building 5G networks is expensive and requires long lead times, so telcos will need to find additional revenues to fund their efforts as they go along.
To put it simply, telcos may focus their aspirations on 5G’s long-term potential, but they should focus their attention on its near-term monetization. The idea is to use 5G’s first phase to anchor a new price point for enhanced offers and to fund the 5G rollout.
In the near term, 5G use cases will be limited to those that can work over the nonstandalone version of 5G. These boil down to two main options: enhanced mobile broadband (eMBB) and fixed wireless access (FWA). Note, too, that even in the absence of a compelling use case, telcos may have another rationale for deploying 5G in the near term: network cost optimization. This isn’t so much about making money as saving it by more cost effectively increasing capacity as network traffic grows.
2. The concerns about 5G in terms of privacy...5G is coming whether you like it or not, and it’s hard to ignore the buzz it’s creating. And for good reason — the new cellular technology brings with it a huge boost in bandwidth that could enable significant progress in fields that rely on fast internet, such as remote surgery. According to some estimates, 5G will have 100 times the capacity of 4G, which means internet speeds will reach stunning new heights. To put that into perspective, if you wanted to download a two-hour movie using 4G, it would take approximately six minutes. Your download time using 5G would shrink to just three and a half seconds.
Ross Clurman, Vice President of Marketing at Infocyte, tells InsideHook, “The significantly faster speeds and reduced latency of 5G, in general, translate into reduced communication delays.” As such, both people and devices will be able to find and share data, answers and ideas faster.
The downside is that while the predicted benefits of 5G are exciting, this technology is unlikely to reach consumers on a wide scale until the year 2020.
Until then, there are several pressing security and privacy concerns related to 5G, many of which have been largely overshadowed by news about its capabilities.
The 5G ecosystem will be larger and more complex than previous generations of networks. It will include multiple vendors, multiple service providers, and multiple means of accessing networks and devices. In this new, more complex ecosystem, the protection of users' profiles--for both human and machine users--will require a more granular access control policy.
5G isn't just faster data. It's more connections in the home (10x higher connection density), out of home (3x spectrum efficiency), and one of the last major hurdles for a true ‘Internet of Things.’ That brings with it a lot of contextual information about a user, what devices they own, what they watch, and so forth, but using that data responsibly and transparently will be incredibly important for advertisers in the 5G era.
Data Privacy is a Concern on 5G