The advent of 5G could create 3 million new jobs and add about $500 million to the US economy over seven years, according to a report by Accenture. Ultra-broadband is an integral component -- and beneficiary -- of the next-generation wireless networks.
Over the next seven years, service providers will invest up to $275 billion in infrastructure as part of their 5G buildouts, says Accenture Strategies in Smart Cities: How 5G can help municipalities become vibrant smart cities. This investment should generate 350,000 new construction jobs and up to 850,000 jobs within partners and suppliers, ultimately creating 2.2 million positions due to 5G, finds the report, which was commissioned by CTIA .
A National Force
Investment in ultra-broadband and 5G will benefit communities of all sizes, says the Accenture report. (Source for both charts: Accenture)
"This has been consistent with what we've seen with the adoption of 2G to 3G, 3G to 4G; you've always seen an increase in net-new jobs," Tejas Rao, managing director and Mobile Offering Network lead for the North America practice at Accenture , tells UBB2020 in an interview.
To harness 5G's speed and capacity and meet increased customer demand, service providers must deploy antennas in ten to 100 times more locations than for prior wireless standards. Hundreds of thousands of new, shoebox-size small cells are a necessary component for fully leveraged 5G. Simultaneously, cable operators will need to upgrade their hybrid fiber-coax (HFC) networks and move towards fiber-to-the-home (FTTH) architectures to support growing video and Internet of Things (IoT) needs. These combined drivers will generate more cooperation between the two types of providers, says Rao.
"We're going to have to see some partnerships start to form to make [small-cell] economical. There's a fairly big cost in putting these towers out there, both in the cell tower and also in the backhaul network," he says. "[Cable operators] see their ability to upgrade their own networks as an enabler to small cell even in hotspots and a set-up for the future foundation of 5G when it is deployable."
Cable companies have more visibility into permitting, getting right-of-way access and other factors required for physical deployment, says Rao. They often view IoT as an entry into wireless that complements FTTH investments for connected homes, he adds.
"The upgrade of their networks and putting in deep fiber is one of the requirements to connect to cell towers. They're already deploying for FTTH," says Rao. "This is a great way to get into this space. The fact they're already laying in fiber is a building block."
New short- and long-term cable jobs related to 5G will range from backhaul positions to IoT specialists, sales professionals to software engineers.
In a flurry of activity throughout the week, Donald (DJ) LaVoy, Deputy Under Secretary for Rural Development at the US Department of Agriculture, and his team spent about $145.8 million in the non-urban or suburban areas of seven states.
Calix reported revenue of $120.19 million – up 4% – in Q4 2019, putting a bounce in the step of company president and CEO Carl Russo and a shine to Calix's ongoing transition from hardware vendor to a provider of platforms enabled by cloud, APIs and subscriber experience.
Looking to curtail e-waste and improve the bottom line, BT will require customers to return routers and set-top boxes, although subscribers will not have to pay a fee when they receive regular broadband equipment.
Deploying DOCSIS 3.1 across its entire footprint gave Rogers Communications the ability to offer speeds of up to 1 Gbit/s,
contributing to a broadband segement that generated about 60% of the Canadian operator's $3.05 billion (US) in Q4 cable earnings.
Over the next two years, approximately 60% of service providers (both large and small) will adopt virtualization on a wide scale across their networks, according to the latest survey report from Ovum. Why are providers making these moves? Is there an easy way to start?
Learn how and why service providers are using virtualization to transform their networks. This webinar will look at how providers are leveraging virtualization to create more flexible and agile networks while also providing a better customer experience. Expert speakers from netElastic and Heavy Reading will address the industry drivers for network virtualization, the benefits that can be realized, the challenges to face and the results of virtualization being achieved by providers today.
Key topics will include:
Current network infrastructure and the move to virtualization
Benefits and challenges of network virtualization
How providers can get started
Service provider success stories: the decision to virtualize, the solution, and results