China is building a big advantage in the race for 5G

5G network

China has outspent the United States by $24 billion since 2015 and has built 350,000 new cell phone tower sites, while the United States has built less than 30,000.

The United States is being outspent by China in the race to build the next generation of wireless communication, known as 5G, and it risks losing out on the potential economic benefits, according to a report by consulting firm Deloitte published on August 7.

China's economic commitment to 5G makes it a formidable competitor, the report said.

Together with a number of other countries in the region, China is on its way to create "a 5G tsunami", making it "nearly impossible" for the U.S.to catch up, as per the same study.

China was building network site density at an unprecedented rate, the report said, adding that China Tower, the leading provider of sites, owned about 96% of macro towers, small cells and DAS sites that were used by the country's wireless carriers.

"The ongoing pattern of steep declines in what customers pay per MB of mobile data makes the new investment needed for 5G hard for many carriers to support", the report says.

"We predict that 5G will expand the network effect dramatically by extending the reach of the internet to nearly any kind of connection, by nearly any kind of device, anywhere a wireless signal can reach", said.

"We're talking about billions of devices on the same network, not just millions", said Dan Littmann, a principal at Deloitte and an author of the study.

Two other important factors in the 5G race are research and development spending and how quickly the government allocates additional radio frequencies to wireless companies.

Posters about 5G technology by China Mobile are seen at the 2nd World Intelligence Congress. South Korea was second, and the United States was third.

The report backs up an April study that placed China and South Korea ahead of the U.S. and Japan as the global leaders in 5G.

The US government has indicated it's aware of the threat from China. The telecom giants in the Far Eastern country were right to start early investments in the field as large-scale 5G deployment is estimated to require a sustained investment cycle spanning around a decade, meaning the markets that are yet to play catch-up with China won't be able to cut corners once they move forward with buildouts, Deloitte's experts argue.

T-Mobile US last week awarded a $3.5 billion contract to Nokia for supplying 5G networking equipment, to be delivered over multiple years.

Beijing plans to deploy 5G on a large commercial scale by 2020.

Related News:



Most liked

Hasan Minhaj's Netflix Series - Premiere Date for 'Patriot Act'
He's also beginning a 16-city North American tour, "Before the Storm", on August 11. Minhaj is departing "The Daily Show " to host the weekly Netflix program.

WNBA rules canceled game a forfeit by Las Vegas
The forfeit moves the Mystics to 17-11, which ties the Los Angeles Sparks for third in the league, while dropping the Aces to 12-16.

New Pokémon: Let's Go! trailer highlights Vermilion City and Team Rocket
After news broke regarding Mega Evolutions, Nintendo released a trailer showing how it works in the Let's Go games. As shown off in the new trailer, Let's Go will feature Mega forms for Charizard, Venasaur, and Blastoise.

Abby Huntsman Exits ‘Fox & Friends’ Franchise To Join ‘The View’
Ambassador to Russian Federation . "No negotiation is worth throwing your own people and country under the bus", Huntsman tweeted. Huntsman is the daughter of Ambassador to Russia Jon Huntsman and has hosted "Fox & Friends Weekend" since 2016.

Hear Dave Grohl's New 23-Minute Instrumental, "Play"
According to an announcement, the goal is to celebrate "the rewards and challenges of dedicating one's life to playing music". To comment on a BLABBERMOUTH.NET story or review, you must be logged in to an active personal account on Facebook.

Jarvis Landry lobbied Browns to trade for OBJ
Especially because the Giants are prepared to make him the highest-paid receiver in football. Landry and Beckham are friends and former college teammates at LSU.

Lindsay Lohan Says Women Who Speak Out About #MeToo 'Look Weak'
Lohan also said that some accusers speak out to gain attention. "That is taking away from the fact that it happened", Lohan added. In an interview with British publication The Times , Lohan said, "I don't really have anything to say".

Couple charged with locking children inside small, windowless boxes
Francois County Sheriff Daniel Bullock told reporters he feared the children may have been kept in the homemade boxes for weeks. Deputies said the kids are Cheatem's adopted children. "This is the kind of thing that happens somewhere else, and not here".

Ben Stokes trial: Star 'could have killed man in nightclub fight'
On Wednesday, the jury was shown security camera footage of Barry allegedly grabbing Ali's groin shortly before the brawl started. Hale added: "It's the emotions of it all". "The fact I've been attacked". "Watching the video was shocking", he said.

FDA expands list of heart failure medications after cancer-causing agent found
Pfizer was the only multinational drugmaker that sold NDMA-detected valsartan-based tablets. The discovery of NDMA is believed to be related to how the products were manufactured.

Man in overdose photo thanks God he's alive, apologizes to family
A North Smithfield Police Department spokesman said the toddler was later reunited with his mother. Police say she admitted to doing heroin just 10 minutes before she passed out in Evansville.

Kim, Khloe Kardashian throw shade at Kourtney’s ex Younes Bendjima
The report was accompanied by photos of Younes hugging up on Jordan Ozuna , who has previously dated Justin Bieber and Tyga . News. "We were both invited to Mexico for a mutual friend's birthday party with 13 other people ".

Ellie Goulding is engaged to art dealer Caspar Jopling
Ellie and met art dealer Casper through mutual friends Princess Eugenie and her fiancé James Brooksbank. The Burn hitmaker announced the news with a notice in Tuesday's edition of British newspaper The Times .

Confused about Iggy Azalea's relationship status? So are we
She then mused in a later tweet: 'I have come to the conclusion iam going to be alone forever. "Iam completely fine with that". Hours later, Iggy took to Twitter to declare herself "single". "I watch movies alone in the shower [and] s-. its nice".

Puerto Rican Government Admits Hurricane Maria Death Toll Was at Least 1,400
The report submitted to the USA government earlier this week was part of a $139 billion reconstruction plan for Puerto Rico. The island's government conceded this news in a report filed to Congress earlier this week.