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Upgrade to 5G costs $200 billion a year and may not be worth it

The first technical standards everyone can use to design their networks, phones and chips for 5G will be released at a summit that starts Monday in Lisbon

Olga Kharif & Scott Moritz | Bloomberg  |  Portland/New York 

In the wildest dreams of wireless engineers, the mobile network of the future controls our cars, lets our refrigerators talk to the grocery store to order more milk, and provides fast, reliable broadband connections to our homes so we can sever ties with cable companies. But it’s going to cost the mobile-phone companies, chipmakers, device manufacturers and software developers about $200 billion a year in research and capital spending to get to that point, with engineers labouring to work around interference from trees and rain and provide a strong enough signal to handle so much ...

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First Published: Tue, December 19 2017. 01:35 IST