5G to be backbone of digital economy: Huawei

Huawei announces opening up of commercial use of 4.5G and 5G broadband for digital economy

Tags: Huawei Technologies CompanyMergers and acquisitions
  • E-Mail
5G to be backbone of digital economy: Huawei Huawei’s deputy chairman and rotating CEO Guo Ping noted that industry players must ensure they do not miss opportunities in the coming five years
By  Aasha Bodhani Published  February 29, 2016

At this year's Mobile World Congress in Barcelona, the mobile industry heavyweights considered the wider commercial use of 4.5G and 5G broadband to be the backbone of today's digital economy.

Huawei's deputy chairman and rotating CEO Guo Ping noted that industry players must ensure they do not miss opportunities in the coming five years. He added, before 5G arrives, the industry must increase connectivity, enable verticals and redefine network capabilities. These factors will help address uncertainties caused by new technologies and new business models.

"Changes in the ICT industry are the main driving force behind business development in the digital era. As a key enabler in the ICT industry, Huawei is committed to helping the telecom industry and vertical industries digitise their infrastructure, operational systems and business models with state-of-the-art technology," said Zou Zhilei, president of Carrier Business Group, Huawei.

Huawei has extended global open partnerships on 5G technologies with more than 20 operators, including Etisalat, Vodafone, Telefonica and TeliaSonera.

On the regional level, Ooredoo has teamed up with Huawei to open an Innovations Lab in Qatar to pioneer broadband solutions and infrastructure. Saudi operator Mobily has also announced plans to optimise its network performance and investments through a network managed services agreement with Huawei over the next five years. Furthermore, Omnatel, based in Oman, is expanding its mobile broadband coverage by delivering Sultanate's smart street lamp-post together with Huawei.

To add, according to forecasts, by 2025 there will be four billion broadband users worldwide, more than 100 billion things will be digitally connected and individual data will increase more than 500-fold.

Huawei also unveiled its five ‘Big Initiatives' for the telecom industry to accelerate its digital transformation. These are; Big Video - Everywhere, Big IT - Enabling, Big Operation - Agile, Big Architecture - Elastic and Big Pipe - Ubiquitous.

The initiatives represent new opportunities for telecom operators in the Middle East and worldwide, foreseeing a potential $100bn video industry market, a $1tn enterprise cloud market, and the number of Internet of Things connections are expected to grow 10-fold.

Add a Comment

Your display name This field is mandatory

Your e-mail address This field is mandatory (Your e-mail address won't be published)

Security code