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U.S. May Need Wake-Up Call On 5G Wireless Race

January 16, 2015 | Telepresence Options

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Story and images by Reinhardt Krause / Investor's Business Daily

Verizon and AT&T turned the U.S. into 4G wireless champions, but a 5G repeat is in question.

The U.S. led the world in upgrading wireless networks to 4G LTE (long-term evolution) technology. Europe, China, South Korea and Japan aim to jump ahead with 5G mobile broadband next-generation wireless services.

The U.S. might not roll out 5G wireless on a wide scale commercially until perhaps 2024, forecasts market research firm Strategy Analytics. While the U.S. would likely be among the leaders in 5G mobile phone users at that point, the real race might be in connecting wearable devices, home appliances, industrial sensors and self-driving cars to 5G networks, analysts say.

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