The 3rd Generation Partnership Project (3GPP) has recently revealed that it has completed the Standalone (SA) version of the 5G New Radio (NR) specification at a meeting held in La Jolla in California. Some may remember that back in December of last year, the Non-Standalone (NSA) version of the 5G NR standard had already acquired approval. The SA component of the 5G NR standard should serve as guide to the independent roll out, while the NSA part leverages the legacy LTE core network.
Major US wireless carrier T-Mobile and tech giant Nokia have recently announced that they have completed America’s first ever bidirectional over the air (OTA) 5G data session on a 5G New Radio (5G NR) system that complies with the 3rd Generation Partnership Project (3GPP). According to the official press release, the said 5G data session was accomplished in the Uncarrier’s lab located in the city of Bellevue in Washington.
As told by Lowell McAdam, the chief executive officer of Verizon Wireless, to CNBC recently, it appears that the Big Red is planning to launch its 5G offering in the city of Los Angeles in California before the end of this year. McAdam further noted that the municipalities of California cities such as Los Angeles and Sacramento (the state’s capital) are helping immensely in facilitating future 5G roll outs.
Matt Ellis, the chief financial officer of Verizon Wireless, has recently stated that together with the launch of the carrier’s upcoming 5G offering, the Big Red will also be debuting a new over the top (OTT) video streaming service.
While he was in court defending the proposed merger with Time Warner (a deal that is reportedly worth $85 billion), Randall Stephenson, the chief executive officer of AT&T, had confirmed that the national carrier is planning to debut a new live TV offering called AT&T Watch. Priced at $15 each month, this service is basically a bundle that offers various channels for AT&T customers. Subscribers of the mobile operator’s AT&T Unlimited Wireless, however, will be able to enjoy AT&T Watch free of charge.
The Federal Communications Commission has announced the schedule of the first ever wireless spectrum auction for 5G, and it is going to take place in November later this year. During a recently held meeting, the agency’s five commissioners all voted to approve the upcoming auction of 28 GigaHertz band on November 14th. A separate auction for the 24 GigaHertz airwaves will happen shortly thereafter. The FCC is aiming to sell about 6,000 licenses for the 28 and 24 GigaHertz bands.
It appears that major wireless carriers T-Mobile and Sprint are at it again -- initiating merger negotiations anew, at least according to a report recently published by the Wall Street Journal. As indicated in the report, the talks are said to be in the early stages, which means that an agreement between the two parties is not to be expected as of the moment.
According to a new report recently released by analyst firm CCS Insight, the total volume of subscriptions to 5G wireless service will reach nearly 60 million across the globe by the year 2020. This number represents an increase of 50 percent compared to earlier projections made by CCS half a year ago. The company also proceeded to revise its predictions for year 2021 by 25 percent, with 5G connections breaching the 280 million mark around the world.
CCS Insight also made changes to its projections for the subsequent years. For mid 2023, it expects the volume of 5G wireless subscriptions to hit 1 billion worldwide. Meanwhile, for 2025, the analyst firm has updated its estimates to 2.7 billion 5G connections.
Strategy Analytics has recently released its latest projections, and according to its new data, wireless service revenue generated by mobile operators across the globe will hit its peak in 2021. Indeed, the research firm is in the belief that today’s carriers have basically milked everything they can from mobile users everywhere, and it is quite possible that only three years from now, earnings will no longer register significant growth.
It may be called the Land Down Under, but when it comes to 5G tech, Australia has come out on top. The sixth biggest country in the world can now also claim to being the first to roll out 5G compatible Wi-Fi hotspots (an idea that Verizon Wireless and AT&T are also exploring). This is made possible through the efforts of Aussie wireless service provider Telstra, which recently installed the hotspots at its 5G Innovation Centre located in the South Port district of Gold Coast City in Queensland.
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