Telecom industry plans $275 billion in 5G investment over next seven years …

Sponsored content

by IIA

OCTOBER 7, 2020

Accenture Strategy estimates U.S. telecom operators will spend up to $275B over seven years to build out the nation’s 5G networks and create significant contributions to the US economy, including up to three million jobs and about a $500B boost to the GDP.

This impact is in addition to the existing contributions from the wireless industry. Currently, estimates have the U.S. wireless industry supporting almost 5 million jobs, adding $475B in GDP, and creating about $1T in economic output.

Source: Accenture Strategy

(Regarding the DoD’s recently issued RFI to develop a plan for a government-owned, government-operated 5G system, IIA would like to note: We agree that “taxpayers should not foot the [$275-billion bill] for something that the private sector is already committed to doing.”)OLDER ENTRY

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

<span>%d</span> bloggers like this: