The 5G rollout is a big deal, with 3 main competitors in the race.

Nokia, Ericsson and Huawei are the main competitors, with Huawei currently having a significant lead in the 5G technology race 

Nokia’s CEO Rajeev Suri said that 5G ecosystem is expected to deliver 25 times faster speed of 1 gigabit per second compared to 4G, and with the roll out of the next generation technology by 2021, security and reliability will be a top priority for businesses.

Million of trade secrets will flow on the network . Enterprises and Governments will rely on operators for providing the network for critical functions. Essential trade secrets will flow over those networks

The 5G speed will enable the  Internet of Things which will be a key driver drive in 5G business enabling productivity growth to historical levels.

According to a Nokia Bell lab study, business opportunity for telecom from 5G technology is expected to double from USD 500 billion to USD 1 trillion by 2028, and double again in the next 5 years. 

Governments and enterprises will rely on operators for providing network for critical functions (as they have done from 4G, 3G and telcos over the past 100 years! 

We all agree that ethics and security cannot be compromised, 

Suri quite rightly says that cheaper is not always better. Better is better. When it comes to network security, better really matters – the question is….. 

Many countries are banning Huawei citing security concerns.

The questions to ask are 

• Is Huawei the best? 

• Is the Huawei ban based on the trade war – or are potential security breeches a valid concern? 

• Is it not the Telcos that one should worry about re potential security breeches and not the infrastructure suppliers?

• Should a country rely on one infrastructure supplier or more? 

All interesting questions!