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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen9/13/2018 10:44:54 AM
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Why Being First in 5G Matters

The race to be the first 5G country has begun—and the winner stands to gain a lot.

Around the world, giant wireless-technology companies are coordinating with their governments to come up with winning strategies to implement 5G, the next generation of cellular networks that promise to deliver ultrafast speeds and open up a range of new applications.

The U.S., China, South Korea and Japan are leading the early rounds. AT&T T +0.36% and Verizon plan city-by-city 5G launches starting later this year, while China expects national coverage by 2020.

While wireless-industry executives say applications that tap the full potential of 5G—self-driving cars, virtual reality and remote surgery—are several years away, leading the way does matter for a country’s economy, if the race to 4G is a guide. If the U.S. hadn’t led the way on 4G, the country might not dominate mobile technology, and its platforms, such as Instagram, Snapchat and perhaps even Facebook and Netflix might not have become global powers.

Read More - $ - WSJ
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