As we prepare for the highly anticipated Mobile World Congress 2024 in Barcelona, the buzz around 5G technology continues to grow.
To shed light on the transformative potential of 5G, we sat down with Christopher Laska, former CEO of Telenor Montenegro and Telenor Hungary, CVP Business Exploration at Telenor Asia, and CEO of WOM Chile, and now Senior Representative at Match-Maker Ventures.
Read on to discover the major benefits of this game-changing technology.
-
Current Offloading 4G network
Since the launch of 5G, there has been a significant increase in consistency scores within existing 4G networks, alongside a notable reduction in traffic congestion. This means smoother browsing, faster downloads, and overall improved user experience for all. By offloading the burden on 4G networks, 5G ensures superior experience for all users.
-
Enhancing network NPS
Beyond speed, the consistency score emerges as a key metric impacting customer satisfaction, with factors like session duration, latency, and speed stability. With 5G, there’s a significant increase in the ratio of customers per session, leading to higher consistency scores. As noted by Christopher, this consistency directly correlates with improved NPS, with 5G users experiencing a notable boost of 2-4 points due to the enhanced reliability and stability of their connection.
-
Unlocking the potential of FWA
FWA emerges as another benefit of 5G technology, particularly in urban and semi-urban areas. Christopher’s insights from his measurements on 3.5GHz spectrum reveal good indoor 5G speeds and coverage (50Mbit/s+ on 50MHz of spectrum) at 400 meters in dense urban areas and up to 1Km in semi-urban areas. With the availability of cost-effective CPE from various manufacturers (e.g. 80 USD from some Chinese manufacturers), FWA presents a viable alternative to traditional wired broadband, offering comparable speeds and reliability at a fraction of the cost.
-
Empowering Next-Gen applications and services
Beyond consumer connectivity, 5G is enabling transformative applications like video surveillance and cloud monitoring. However, centralized cloud processing can lead to high fees and scalability challenges. As noted by Christopher “If all video data is sent to the cloud and processed there, fees per camera can reach up to 10k USD / month / camera, something that kills any business case”. A distributed approach might be better, leveraging small local storage solutions with AI-powered processing to minimize data transfer and costs while maximizing efficiency and security.
To sum up, with its ability to enhance existing networks, elevate user experiences and pave the way for innovation, 5G is set to reshape the way we connect and interact with the world around us. As we embrace the future of telecommunications, one thing is clear: the era of 5G is upon us, and the potential for transformation is limitless.
Join us on February 21st 17 CET for our webinar!
