How 5G Creates New Business Opportunities for Operators and ICT Players

In order to understand how 5G creates new business opportunities for operators, you have to first flip your thinking upside down.

I’ve read several blog posts that talk about the new business opportunities for operators that come with 5G, but what makes 5G different? I always read those posts and wondered why there’s so much focus on 5G. Why is there more opportunity for operators now than there was with 2G, 3G, 4G and even 4.5G?

Next, please take a moment to download the 2nd edition of Ericsson’s report “The Industry Impact of 5G.” I’ll be referring to it often for the duration of this post.

For this report, Ericsson asked 900 decision makers in large companies across 10 key industries about:

  • The role they expect 5G to play within their sector
  • The problems they expect 5G to solve
  • The extent to which they’d be willing to pay for 5G services
Source: Ericsson

According to Peter Linder, an Ericsson 5G marketer, here is a list of 10 things operators need to do to make money from 5G.

To read his full blog post with detail for each point, click here.

  1. Increase their understanding of how 5G user needs evolve
  2. Increase the scope of network services offered beyond raw broadband connectivity
  3. Split the market into micro-segments to discover latent user and industry needs
  4. Increase the number of use cases addressed with a customized value proposition
  5. Increase differentiation in network service pricing to meet each microsegment’s business needs
  6. Increase the leverage of global ecosystems
  7. Increase development efforts for local ecosystems
  8. Increase support in building customer business cases
  9. Reduce operators’ dependency on best connectivity as the sole source of mobile data revenue
  10. Reduce price erosion on mobile broadband connectivity services to smartphones

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Diana Adams

Diana Adams

15.2K Followers

Tech journalist, Apple ACN, Digital Transformation, IoT, 5G, AI and the future of tech.