Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Embracing industry opportunities to maximize 5G business value


News provided by

Huawei

11 Oct, 2023, 08:52 GMT

Share this article

Share toX

Share this article

Share toX

DUBAI, UAE, Oct. 11, 2023 /PRNewswire/ -- Huawei's annual Global Mobile Broadband Forum (MBBF) kicked off in Dubai yesterday. The event began with a livestreamed discussion between Huawei's Rotating Chairman Ken Hu, and the Director General of GSMA, Mats Granryd, about the current state of 5G development and future projections.

Continue Reading
This image opens in the lightbox
Huawei’s Ken Hu and GSMA’s Mats Granryd discussing 5G at MBBF 2023 in Dubai

"Technology is changing so fast, and new demands are evolving every day," said Hu. "So our networks need to keep evolving too. Our industry as a whole needs to get ready for the future and maximize the value of investments in 5G – and that's why we're working so hard on 5G-Advanced."

5G has progressed by leaps and bounds

Both Hu and Granryd agreed that 5G has seen remarkable progress in network deployment, adoption, consumer services, and industry applications. To date, more than 260 5G networks have been deployed worldwide, covering nearly half of the world's population. 5G is the fastest growing mobile technology ever, having reached one billion connections only three years after its launch. By comparison, it took 4G six years to reach the same milestone.

According to Hu, 5G has become a new growth engine for mobile operators in the consumer market. For leading mobile operators around the world, 5G now accounts for the majority of network traffic. In particular, video-based applications are changing consumption habits, driving a three- to five-fold increase in network traffic and 10%–25% average increase in ARPU.

5G has also helped mobile communications networks expand into the vertical industry market – one of its biggest differences with 4G. Currently, there are more than 50,000 industrial 5G applications worldwide, and more than 10 million 5G connections in industrial settings.

"Over the past four years, we've identified key scenarios for industrial applications, like remote control, video backhaul, machine vision, and positioning, where we can maximize the value of 5G," Hu continued. "We have also identified industries like mining, ports, and manufacturing where we can scale up 5G capabilities."

Granryd remarked, "5G is driving digital transformation across industries and opening up enormous opportunities. In 2030, 5G will add US$1 trillion to global economy, with benefits spreading across all industries."

New capabilities, models, and ecosystems: Unleashing the full potential of 5G

Speaking on next steps for 5G, Hu mentioned several key consumer-facing initiatives that can help mobile operators achieve ongoing business success. These include continuously expanding network coverage, enhancing user experience, and exploring more flexible pricing models.

As for the B2B market, Hu suggested that the industry should leverage proven 5G applications to drive 5G adoption at scale across more industries. Throughout this process, mobile operators can better position themselves to seize new opportunities in industry digitalization by strengthening their capabilities in cloud, industrial application development, and end-to-end system integration.

"Looking forward, we have lots of work to do," said Hu. "We need to enhance our capabilities, evolve the technology, create better user experience, scale up in industry, and maximize the value of our investment on 5G."

To help further enrich the 5G application ecosystem, GSMA has proposed the Open Gateway initiative as a way to support cross-industry innovation. Open Gateway is a framework of common APIs that will bring universal access to operator network capabilities, allowing developers and cloud service providers to improve and create new digital services.

"Now we have roughly 240 mobile operators signed up, representing more than 62% of the world's mobile subscribers," said Granryd. "Open Gateway is a way for developers, hyperscalers, and others to more effectively use the capabilities of networks, and create common APIs that we can share across the whole operator community. It's like what we did with roaming back in the 2G era, but for APIs. It's very, very exciting."

"We need to activate the ecosystem," agreed Hu. "Particularly application developers. Open Gateway is a great way to help developers make full use of networks, creating greater development opportunities for 5G in both the consumer and industry digitalization markets." 

The Global Mobile Broadband Forum 2023 is hosted by Huawei, together with its industry partners GSMA, GTI, and SAMENA. Held on October 10 and 11 in Dubai, UAE, this annual forum gathers mobile network carriers, vertical industry leaders, and ecosystem partners from around the world to explore the success of 5G commercialization and accelerate the commercial use of 5.5G. For more information, please visit: https://www.huawei.com/en/events/mbbf2023.

Photo - https://mma.prnewswire.com/media/2244170/Huawei_s_Ken_Hu_GSMA_s_Mats_Granryd_discussing_5G_MBBF_2023.jpg

Modal title

Also from this source

Huawei ICT Competition 2024-2025 Global Final Concludes: AI Empowers Education Transformation and ICT Talent Development

Huawei ICT Competition 2024-2025 Global Final Concludes: AI Empowers Education Transformation and ICT Talent Development

The Closing & Awards Ceremony of the Huawei ICT Competition 2024–2025 Global Final was successfully held today in Shenzhen. In its 9th edition, the...

Huawei Unveils New Wearables Line-Up in Berlin, Ushering in a New Era of Wearable Technology

Huawei Unveils New Wearables Line-Up in Berlin, Ushering in a New Era of Wearable Technology

Huawei announced a series of innovative products and pioneering technologies under the theme "Fashion Next", at its Innovative Product Launch in...

More Releases From This Source

Explore

Telecommunications Industry

Telecommunications Industry

Networks

Networks

Networks

Networks

Telecommunications Equipment

Telecommunications Equipment

News Releases in Similar Topics

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.