All UK businesses, including retailers, stand to benefit from £34.1 billion in productivity gains if their workforces had better access to connectivity, according to research released today by O2 Business
The intrinsic capacity of the fifth-generation cellular technology – or 5G to the its friends – to connect the Internet’s end systems with enhanced data flows and faster response times will unlock the full potential of emerging technologies, according to GlobalData
Vodafone has become the first major UK telco to go live with 5G services, rolling out services in 12 more UK towns and cities, following trials in Bristol, Cardiff and Liverpool, and pledging to hit a total of 19 by the end of 2019.
5G could supercharge the UK economy by up to £15.7bn per year by 2025, with retail leading the charge. But the opportunity could be missed because industry leaders still do not know enough about the benefits of investing in the technology.