“The nation’s fate is depended on 5G technology.”
KT chairman Changkyu Hwang said 5th generation (5G) mobile communication is important technology that changes the paradigm and even change the fate of a nation.
Chairman Hwang explained on the 3rd (local time) the importance of 5G and how it relates globally at the Mobile World Congress (MWC) that is held in Barcelona, Spain.
Chairman Hwang said, “Data capacity is explosively increasing, far beyond my prediction. To respond to such situation, one must increase the communication investment and that investment must make the investing people feel like it is making their life more convenient and high quality.”
The most well know business models for 5G era are Big Data and Internet of Things (IoT).
Chairman Hwang also said, “We cannot realize 5G by ourselves and therefore we must cooperate together with all the equipment companies, software manufacturers, and everyone we can think of. It is the open minded to cooperate for ‘open innovation’ that is needed for everyone.”
Chairman Hwang sees 5G will be a definite opportunity for carriers, at the same time they must be aware and cautioned about it. Once the 5G becomes commercialized, not just the speed but the traffic will be fast and big and thus comes the ‘super connected’ situation. However the carriers yet have never had the experience of synergizing with other technologies such as IoT.
He also mentioned that he emphasized on standardization as the director of GSMA for past one year. As a result, Telefonica, which has top 3 most members around the world, NTT DoMoCo, and China Mobile has joined the movement. He added that KT will try their best to be in the leading position of the standardization.
Barcelona (Spain)=Staff Reporter Ahn, Ho-chun hcan@etnews.com