Earlier this month at the consumer electronics show (CES) in Las Vegas, a wide range of new technologies were on display for investors and geeks alike. Perhaps one of the most notable technological advancements which remains on the horizon but is nearing fruition is the so-called 5-G revolution.
In the U.S. market, rivals AT&T (NYSE:T) and Verizon Communications Inc. (NYSE:VZ) are continuing to develop this technology, focusing on different channels, but working to increase capacity (the number of users in a given area that would be able to receive service) as well as speeds. Having the ability for more people to use more data quicker certainly represents a significant advancement in a technology with every-day implications.
While full-fledged 5G speeds are likely a year or more away, AT&T has announced a transitory solution for consumers that intends to increase speed and capacity in the short-term to reduce latency speeds to near-zero, increasing the range of options for mobile users and paving the way for full 5G in 2020 or 2021. The improvement is expected to result in a naming change to once-4G Android model mobile phones as ("5G E"), standing for "5G Evolution."
The ability for companies like AT&T or Verizon to effectively integrate massive capital expenditure outlays in the years to come and leverage such investments to increase market share and gain some sort of first-mover advantage will be fun to watch. At this point in time, AT&T and Verizon both have laid out compelling investment theses, making these two companies I will be watching closely.
Invest wisely, my friends.
Tech Insider
