Up to 3 million Australians – mostly in rural and regional Australia - will miss out on getting access to critical 5G technology by 2023 because of the Australian Government’s 5G ban on China’s Huawei in Australia - and come at a cost to the national economy of US8.2 billion in lost GDP gains, according to UK based global forecasting and quantitative analysis firm Oxford Economics.
Five G is Australia’s last chance to deliver universal high-speed broadband to all Australians, according to Chinese telco giant Huawei, which says that Australia is already being left far behind in the global race to deliver 5G technology.
Sixty-six percent of organisations have plans to deploy 5G by 2020, but according to a new report users adopting 5G face the lack of readiness of telecommunications providers, with their 5G networks not available or capable enough for the needs of organisations.
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