We believe 5G has the potential to unleash the true power of the Internet and may radically change how business is conducted. Imagine a world of 24/7 seamless connectivity by both manned and unmanned devices (aka the Internet of things) keeping track, and monitoring everything. Think the network on steroids!
First-generation mobile networks brought us analog cellular that gave us the ability to cut the cord and make mobile phone calls. 2G technologies like CDMA and GSM were the beginning of the digitization of the network and brought us texting and the beginning of email. 3G with greater speeds brought us Internet access on our mobile devices. 4G technology such as WiMAX and LTE brought us video, and apps like YouTube, along with the insatiable appetite for data usage, grew as the adoption of smartphones transformed how we used our "phone."
Each progression also created a host of services and new business models not even thought of by the average person at that time. 5G is gaining a lot of attention and maybe even some hype. But at the core of it, will bring significantly faster speeds, lower latency (think far more responsive), and provide the ability to connect many more devices all at once.
In the upcoming episodes, we will discuss 'Hype versus Opportunity and Timing' and 'How Miller/Howard Invests in 5G Today.' We hope you can join us.