In 2024, carriers are still clutching at straws when it comes to monetizing 5G, but they are willing to take whatever they can get, including public sector funding for large-scale digitization projects.
It doesn’t matter if it includes a dedicated or private network. they can make it work.
In Italy, TIM Enterprises and ANCI (Italian Association of Local Governments) are working to help local governments reduce urban transport and pollution costs by better planning both public and private transport and tourist movements. unveiled plans for a 5G-enabled smart city. CO₂ emissions are also significantly reduced. To enable this (with investments in 5G, IoT, and AI), TIM wants to help these cities spend public money on the necessary digital infrastructure. The company reported earlier this year that it exceeded its goals for its 5G backhaul and 5G densification plans for Q4 2023.
In Sweden, Telia has raised funding from the European Connectivity Facility (CEF Digital), which will be used to build a dedicated 5G network in five locations across the country. The network will be used for digital innovation projects in areas such as agriculture, transport, logistics and healthcare, in collaboration with partners such as Sweden’s RISE Institute and the Stockholm region. It will also be connected to the NorthStar innovation network founded by Telia and Ericsson. The first network to be deployed, the €6.4 million ($6.8 million) healthcare project will explore how advanced 5G services can contribute to improving patient safety, quality of care and accessibility. .
private 5g
Interestingly, Proximus is also leveraging public sector funding for its proposed private 5G connected hospital deployment at AZ Groeninge in Belgium. With government support, telcos and their ecosystem partners are driving a revolution in healthcare by testing and implementing valuable 5G use cases across remote care, clinical communications, data and training. We hope to demonstrate this. Similar investments will be made across sectors.
In the US, Verizon Frontline has launched an innovation program to help develop new 5G-enabled solutions to support frontline first responders. The public sector is turning to innovative products to increase efficiency and reduce response times. The Verizon Frontline Innovation Program was created to help bring new technology to fire, emergency medical, and law enforcement agencies, working with first responders and industry partners to explore new technology and develop four key public safety initiatives. The purpose is to identify, test and develop communication solutions in focus. Areas: preparedness, response, recovery, mitigation.
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Verizon is also conducting joint experiments with law enforcement agencies in Arizona using 5G network slicing for situational awareness and working with device maker Axon. The carrier also told analysts at a recent event that public sector organizations are currently working on diverse use cases such as connecting schools and polling places, as well as access to U.S. federal infrastructure funding for network modernization. He said he is considering 5G fixed wireless access (FWA) as a possible use. .
While mobile operators cannot rely solely on funding from public institutions when monetizing their 5G investments, many mobile operators are looking for mass-market use cases to serve the private sector. It shows that they are not willing to wait for this to happen and are working hard in collaboration with government agencies. In a region that has committed to upgrading its digital footprint.
