The world may soon see the birth of 5G commercially because the first global 5G standard was finalized yesterday, which will boost commercial development and network construction of the next-generation standard, said telecommunications firms and 3GPP, the organization that governs cellar standards.
China Mobile, China Unicom and China Telecom and technology giants like Huawei and ZTE are some of the major corporations that will be involved in harnessing the 5G standard which allows network speed of 20 to 50 times faster than the current 4G networks. The 5G networks are expected to roll out around 2019, according to market observers.
Huawei said in a statement yesterday it will accelerate construction of mass scale network and commercial use of the new 5G technology.
China Mobile partners 112 companies to develop new applications on 5G, including drone, bike sharing, parking, wearable computing and robotics, said the world's biggest mobile carrier with more than 880 million users.