UnionBank signed an MOU with Now Corp. and affiliate Now Telecom to utilize and promote the use of new generation telecommunication networks, including 5G wireless technology, in support of the bank’s digital transformation roadmap.
However, this bright and lucrative future may be hampered by 5G’s past. That’s because early 5G implementations were designed to fit the needs of the consumer market first.
The highly-touted 5G wireless technology may be gaining momentum globally but it does not have that “appeal” to consumers yet, according to a book author and "futurist".
Singapore-based development economist Henry Chan said the Philippine government can use 5G in mobilizing real-time sensors in every intersection and control the traffic using AI technology.
Smart Communications said on Monday, Aug. 5, that it has successfully made the first 5G standalone (5G SA) video call in Southeast Asia, using Nokia’s 5G SA equipment at the PLDT-Smart 5G Technolab in Makati City.
Globe Telecom last week launched its “Air Fiber 5G” postpaid plans for home subscribers, making the Philippines the first in Southeast Asia to deploy a 5G product.