The sprint to 5G

5G will have an impact similar to the introduction of electricity or the car, affecting entire economies and benefiting entire societies.”

Deloitte has published the following in a report titled, “5G: The Chance to Lead for a Decade”:

“Since 2015, China [has] outspent the United States by approximately $24 billion in wireless communications infrastructure and built 350,000 new sites, while the United States [has] built fewer than 30,000. Looking forward, China’s five-year economic plan specifies $400 billion in 5G-related investment. Consequently, China and other countries may be creating a 5G tsunami, making it near impossible to catch up.”

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