Vietnam 5G subscriptions predicted to top 6.3 million by 2025 or 6 percent of its total’s mobile subscriptions, a US technology conglomerate said.
The total number of 5G
subscriptions in Southeast Asia is expected to reach 227 million by then, the
U.S firm said at an event in Hanoi Thursday. The firm was citing figures
from a report prepared by American global management consulting firm A.T.
Kearney.
According to the report,
Indonesia will take the lead in 5G subscriptions by 2025 with over 100 million
subscribers, followed by Thailand, the Philippines, Malaysia, Myanmar, Vietnam,
Singapore, Cambodia, Laos and Brunei.
By 2025, Vietnam will be
placed sixth in Southeast Asia for the number of 5G subscriptions.
Graphics by
A.T. Kearney
A President
of the US firm in Southeast Asia, said Vietnamese telecommunication firms could
raise their revenue by up to $300 million each year starting 2025, thanks to
the 5G service. However, the country would have to invest $1.5-2.5 billion in
infrastructure in the 2020-2025 period for launching and operating the 5G
service.
According to A.T. Kearney, 5G
"is expected to be a step change from earlier generations."
With high throughput, ultra-low
latency and low power connectivity, 5G promises speeds up to 50 times faster,
10 times more responsiveness, and much lower power connectivity than 4G, it
said, adding that the time is right for developing 5G service as it arrives at
a time when "consumers are using immense amounts of cellular data."
A General
Director of the US firm in Vietnam, said: "Vietnam so far has been
attractive for low-cost labor, especially in key sectors like manufacturing and
processing. But this will no longer a strong point in the age of Industry 4.0
and Vietnamese firms should be aware of this and make good use of new
technologies, including applying the 5G service."
In Vietnam, a telecom giant broadcast
its first 5G network in September from its network of 5G base stations in
the nation's economic hub Ho Chi Minh City.
The 10 stations will be used by
the telecom corporation, to comprehensively check and assess its 5G service
before launching it commercially next year.
The corpration installed the
first 5G station in Hanoi early this year and made the first 5G phone call in
May. It was the first firm in the country to receive permission to trial 5G
services in January.
Last November, the Information
and Communication Minister in Vietnam said at a conference that Vietnam
should test 5G in 2019 and ensure nationwide coverage by 2020.
"Vietnam should be one of
the first countries to launch the network, at least in Hanoi and HCMC," he
said. The country had been one of the last in Southeast Asia to roll out 4G
services.
5G is said to offer speeds 100
times faster than 4G, primarily used for smartphones and other similar devices.
5G is also expected to support new applications like remote medical procedures
and autonomous driving.
About TMA: TMA Solutions was established in 1997 to provide
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companies worldwide. We are one of the largest software outsourcing companies
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