Ultra-Broadband Gets 5G Employment Boost
The advent of 5G could create 3 million new jobs and add about $500 million to the US economy over seven years, according to a report by Accenture. Ultra-broadband is an integral component -- and beneficiary -- of the next-generation wireless networks.
Over the next seven years, service providers will invest up to $275 billion in infrastructure as part of their 5G buildouts, says Accenture Strategies in Smart Cities: How 5G can help municipalities become vibrant smart cities. This investment should generate 350,000 new construction jobs and up to 850,000 jobs within partners and suppliers, ultimately creating 2.2 million positions due to 5G, finds the report, which was commissioned by CTIA .
Accenture , tells UBB2020 in an interview.
Cable companies have more visibility into permitting, getting right-of-way access and other factors required for physical deployment, says Rao. They often view IoT as an entry into wireless that complements FTTH investments for connected homes, he adds.
"The upgrade of their networks and putting in deep fiber is one of the requirements to connect to cell towers. They're already deploying for FTTH," says Rao. "This is a great way to get into this space. The fact they're already laying in fiber is a building block."
New short- and long-term cable jobs related to 5G will range from backhaul positions to IoT specialists, sales professionals to software engineers.
In a flurry of activity throughout the week, Donald (DJ) LaVoy, Deputy Under Secretary for Rural Development at the US Department of Agriculture, and his team spent about $145.8 million in the non-urban or suburban areas of seven states.
Calix reported revenue of $120.19 million – up 4% – in Q4 2019, putting a bounce in the step of company president and CEO Carl Russo and a shine to Calix's ongoing transition from hardware vendor to a provider of platforms enabled by cloud, APIs and subscriber experience.
Looking to curtail e-waste and improve the bottom line, BT will require customers to return routers and set-top boxes, although subscribers will not have to pay a fee when they receive regular broadband equipment.
The industry standards organization is looking to ease operator pain from residential WiFi, while it also sees initiatives in connected home and other projects bear fruit.
Deploying DOCSIS 3.1 across its entire footprint gave Rogers Communications the ability to offer speeds of up to 1 Gbit/s, contributing to a broadband segement that generated about 60% of the Canadian operator's $3.05 billion (US) in Q4 cable earnings.
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