• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

3

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

3

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
Tech

Here’s why crazy fast 5G wireless could soon become reality

By
Don Reisinger
Don Reisinger
Down Arrow Button Icon
By
Don Reisinger
Don Reisinger
Down Arrow Button Icon
September 18, 2015, 3:27 PM ET
466625005
Cellular tower at sunsetPhotograph by Chris Gould — Getty Images
Add Fortune on Google for similar content.

There’s no doubt that the wireless industry will eventually move to 5G—a next-generation, high-speed network. Debate rages, however, over how quickly that may happen.

In an interview with CNET last week, Verizon Wireless (VZ) said that it plans to start field trials on 5G technology within the next 12 months, with the goal of making it widely available by 2017. AT&T (T) quickly responded to Verizon’s announcement by claiming that it was too early for any company to make 5G “promises” since the industry has yet to agree on an international standard and the technology is still in its infancy.

Alberto Canal, Verizon’s vice president of communications, disagrees and believes the telecommunications company can, and soon will, launch 5G technology. In an interview with Fortune, Canal reaffirmed the company’s plans to launch 5G trials next year, and believes Verizon—working with industry partners like Cisco (CSCO) and Samsung—will “beat the 2020 date” that most industry experts have set for an industry-wide 5G roll out.

Regardless of timing, carriers and industry experts agree 5G is the future of wireless technology. According to Canal, the technology is up to 50 times faster than today’s 4G LTE, network, which blankets over 97% of the U.S. It also allows for increased capacity to accommodate growing wireless demand.

The demand for wireless networks is nothing short of astounding. In North America, alone, communications firm Ericsson says mobile data users consumed 562 petabytes of data per month in 2014, far exceeding any other country in the world. In comparison, Western Europe used over 341 petabytes of mobile data each month during the same time period.

Tom Sawanobori, CTO at industry organization CTIA, believes mobile data traffic in North America will grow by 600% by 2019. A core component of that growth will be the Internet of Things—a term used to define smart devices that connect to the Internet—such as Google’s Nest Learning thermostat, which programs temperature changes based on a user’s habits.

While 5G may have its benefits some experts suggest talk about the new wireless technology is premature. Before 5G reaches the market, the wireless industry must collectively agree on an international standard, how it will operate, and what services to provide.

5G will require several “iterations” before a standard is endorsed, says Sawanobori. Although the new wireless technology is certainly an industry concern, the hoopla surrounding it right now isn’t necessarily warranted, he explains. “For the foreseeable future, 4G LTE is sufficient. But we always want to anticipate what the future capabilities will be,” he says. “So there’s a process in the U.S. and globally that will define the next generation. Meantime, 4G LTE is a great platform.”

Other industry experts, however, scoff at Verizon’s idea all together. Philip Solis, research director at ABI Research, believes Verizon’s 5G trial announcement is simply “fluffy marketing” and an attempt at “associating their brand with cutting-edge technology.” Verizon’s 5G hopes, he says, “is not realistic.”

Canal brushed off such charges, saying that the market is overestimating the amount of time it will take to deploy 5G. Verizon has established a 5G Technology Forum aimed at getting “some great minds into the 5G sandboxes…so they can get to work on the future.” Those sandboxes, Canal believes, could be a key component that boosts 5G’s rollout.

Still, it’s hard to ignore the challenges Verizon’s 5G plan faces. The U.S. wireless industry is fully entrenched in 4G LTE, and many companies are currently working on network improvements to LTE Advanced (the next iteration of the technology that promises faster speeds) rather than 5G.

Meanwhile, even if 5G was readily available consumers would require specially made devices built to accommodate 5G networks, and it’s unclear how long that could take. All of that neglects the simple reality that the industry—both in the U.S. and worldwide—needs to form a standard, which according to Sawanobori, could take at least two years to complete. From there, companies would build networks, although building networks is not the same as making them ubiquitous: it’s taken nearly six years to cover over 300 million Americans and in some parts of the world 3G, the technology LTE replaced, still isn’t available.

So, while there’s no consensus on exactly when we can expect to see 5G, at least one industry expert believes it won’t make a major impact on consumer lives until much later than some believe.

“5G will be deployed in full force—more coverage, more supporting devices, maximized implementation of technology—closer to 2030 than 2020 and the world will be very different by then,” Solis says.

Sign up for Data Sheet, Fortune’s daily newsletter about the business of technology.
For more about Verizon, check out the following Fortune video:

About the Author
By Don Reisinger
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Tech

Nikesh Arora, chief executive officer at Palo Alto Networks
SuccessJobs
CEO of $248 billion cybersecurity company says workers are about to face a ‘Darwinian moment’ thanks to AI: Evolve or get cut
By Emma BurleighJuly 1, 2026
2 hours ago
Current price of Ethereum for July 1, 2026
Personal FinanceEthereum
Current price of Ethereum for July 1, 2026
By Joseph HostetlerJuly 1, 2026
3 hours ago
In this photo illustration, a Cisco logo is displayed on a smartphone with Artificial Intellingence (AI) symbols in the background.
AICFO Daily
Cisco is rolling out AI agents to every single one of its 90,000 employees
By Sheryl EstradaJuly 1, 2026
4 hours ago
senate
CommentaryCongress
One rare bipartisan AI bill is moving through Congress. Here’s why it deserves to pass
By Neil Björkman and Betsy BrewerJuly 1, 2026
5 hours ago
I know how Gen Z can survive the ‘jobpocalypse’ because I built an AI company — in 2015
CommentaryCareers
I know how Gen Z can survive the ‘jobpocalypse’ because I built an AI company — in 2015
By Jeremy FainJuly 1, 2026
6 hours ago
OCBC rolls out its ‘avatar banking’ platform with ‘Wendy’ and ‘Wayne,’ two virtual financial advisors, as banks integrate AI into wealth management
AsiaSingapore
OCBC rolls out its ‘avatar banking’ platform with ‘Wendy’ and ‘Wayne,’ two virtual financial advisors, as banks integrate AI into wealth management
By Angelica AngJuly 1, 2026
6 hours ago

Most Popular

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
6 days ago
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
By Preston ForeJune 27, 2026
4 days ago
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
Success
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
By Sydney LakeJune 29, 2026
2 days ago
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
Big Tech
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
By Marco Quiroz-GutierrezJuly 1, 2026
9 hours ago
The U.S. Army is opening military bases to private billions — here's why that changes everything for the next 250 years
Commentary
The U.S. Army is opening military bases to private billions — here's why that changes everything for the next 250 years
By Marc AndersenJune 30, 2026
1 day ago
The Supreme Court's birthright citizenship ruling hands the U.S. economy a $7.7 trillion win
Newsletters
The Supreme Court's birthright citizenship ruling hands the U.S. economy a $7.7 trillion win
By Diane BradyJuly 1, 2026
7 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.