Friday, 24 November 2017

5G on a budget

By Nick Wood, Total Telecom
Friday 10 March 17

£16 million might seem like a drop in the ocean, but it could create a significant ripple effect.

Telecoms is an industry that is used to dealing in the hundreds of millions, if not billions of euros when it comes to the sums of money ploughed into networks and new technologies. So, when the U.K. Chancellor of the Exchequer Philip Hammond on Wednesday announced as part of his Spring Budget that £16 million (€18.3 million) of public funds would be spent on a 5G facility, it seemed like a fairly unambitious sum of money. To put that into some kind of context, Deutsche Telekom CEO Tim Höttges said at Mobile World Congress last week that €300 billion-€500 billion (&pound…

Telecoms is an industry that is used to dealing in the hundreds of millions, if not billions of euros when it comes to the sums of money ploughed into networks and new technologies. So, when the U.K. Chancellor of the Exchequer Philip Hammond on Wednesday announced as part of his Spring Budget that £16 million (€18.3 million) of public funds would be spent on a 5G facility, it seemed like a fairly unambitious sum of money. To put that into some kind of context, Deutsche Telekom CEO Tim Höttges said at Mobile World Congress last week that €300 billion-€500 billion (&pound…

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