British Government to Invest $1.5 billion to Promote the Development of 5G

According to foreign media reports, the new British Chancellor of the Exchequer Philip Hammond has announced that it will invest 1 billion pounds (1.5 billion US dollars) to promote the British 5G and fiber-optic connectivity services.

Telecoms regulator Ofcom has decided to conduct 5G mobile technology-related spectrum auction.

Britain will also allocate 400 million pounds or 500 million US dollars for digital infrastructure investment funds to speed up the introduction of ultra-high-speed Internet services.

According to the latest published report shows that the global 5G users will reach 500 million in 2022. North America, 25% of users will be 5G users, is the world's highest market penetration.

By 2022, mobile broadband users will account for 90% of all users; there will be 29 billion connected devices, of which about 18 billion and the Internet of Things (IoT) related.

"Even if the 5G standard has not yet been established, the UK government is still engaged in 5G-related investment. Mobile operators will not come soon 5G.They will need to connect more than 20 billion Internet of things - including the Internet of Things, From smart home automation to all things such as Internet-related services. " said Sameh Yamany chief technology officer at Viavi Solutions.

Global Internet of Things revenue is expected to grow to $ 3 trillion by 2025, with $ 1.3 trillion coming from end users. But the Internet of Things has also brought some unique challenges, mobile operators have not yet prepared for the future 5G.

In most cases, the Internet of Things devices have conflicting needs. Networked vehicles require ultra-low latency to transmit information at lightning speed, so other cars can avoid danger. Conversely, video-intensive applications running 4K video will have harsh bandwidth requirements.