ZTE to of­fer Pre5G tech­nol­ogy in 2016

The Pak Banker - - COMPANIES/BOSS -

SHEN­ZHEN: Chi­nese telecom­mu­ni­ca­tions gi­ant ZTE Corp an­nounced Fri­day it will mar­ket Pre5G tech­nol­ogy in at least ten coun­tries and re­gions across Asia and Europe in 2016. Pre5G, an in­ter­me­di­ate step be­tween the cur­rent 4G tech­nol­ogy and 5G, com­bines 5G tech­nol­ogy with ex­ist­ing 4G ter­mi­nal prod­ucts to al­low faster speeds. Zhang Jian­guo, ZTE's gen­eral man­ager of its wire­less prod­uct op­er­a­tion depart­ment, said the Pre5G con­nec­tions could be more than four or five times faster than cur­rent 4G In­ter­net. ZTE will com­plete field tests of the Pre5G net­work on the Chi­nese main­land be­fore this sum­mer, ac­cord­ing to Dai Shu, a com­pany spokesper­son. China saw 289 mil­lion new users join its 4G net­work in 2015, bring­ing the to­tal to 386 mil­lion. As China trans­forms its econ­omy from an ex­port-led growth model to one driven by con­sump­tion and in­no­va­tion, its com­mu­ni­ca­tions in­dus­try is ex­pected to play an im­por­tant role in the next gen­er­a­tion of net­works. ZTE also plans to test a 5G net­work in the Chi­nese do­mes­tic mar­ket in early 2018 and mar­ket the tech­nol­ogy af­ter that. Ju­niper Re­search es­ti­mated that 5G net­works will be­come the main­stream tech­nol­ogy in the next decade, bring­ing global net­work oper­a­tors around $100 mil­lion in rev­enue by 2020. The fig­ure is ex­pected to reach $65 bil­lion by 2025.

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