Huawei's Ken Hu calls on ICT industry to work together on next stage of 5G development
Huawei's 12th annual Global Mobile Broadband Forum (MBBF) kicked off in Dubai today with a keynote from the company's Rotating Chairman, Ken Hu. He spoke on the current state of 5G development and new opportunities moving forward. "In just five years of commercial deployment, 5G has provided a considerable upgrade in mobile experience for consumers, and it's already starting to empower different industries around the globe. Progress was much faster than we expected, especially in terms of the subscriber base, network coverage, and the sheer number of 5G terminals on the market." Hu outlined three areas of opportunity that will drive the next stage of 5G's growth, including XR services, the B2B market, and low-carbon development. The current state of global 5G development There are currently 176 commercial 5G networks around the globe, serving more than 500 million subscribers. In the consumer space, average 5G download speeds are roughly 10 times greater than 4G, which has fueled b
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