Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Britain sets 5G goal, says no ‘magic number’ of operators

by Staff GBAF Publications Ltd
0 comment

LONDON (Reuters) – Britain set an ambition to deliver next-generation 5G mobile coverage to populated areas by 2030 and said there was “no magic number” of network operators required to ensure a competitive market.

All four of Britain’s mobile networks – BT’s EE, O2, owned by Telefonica and Liberty Global’s Virgin Media O2, Vodafone and Three – are rolling out 5G. Some 77% of the population can now access basic 5G coverage from at least one provider.

Britain said it wanted the next iteration of 5G – called standalone 5G or 5G Plus – to be widely available by the end of the decade, helping to unlock new technologies like driverless vehicles, robots and drones.

Vodafone and Three are in merger talks, which if successful would reduce the number of networks to three. Both companies have said allowing them to combine would help underpin network investment.

The government said on Tuesday it had “reconfirmed that there is no magic number of mobile operators, whilst noting all decisions on consolidation are for the Competition and Markets Authority”.

It said it would invest 40 million pounds ($50 million) in an innovation fund to promote adoption of 5G by businesses and public services.

($1 = 0.8057 pounds)

 

(Reporting by Paul Sandle; Editing by Kate Holton)