5G technology opens windows of opportunity to consumers and businesses in Malaysia. It promises endless possibilities with a speed of 10 times fold than what users get from 4G technology.
What is 5G Wireless Technology?
5G is wireless technology’s 5th generation (‘G’ stands for generation). It offers high acceleration, low intermission, and vast capacity. It delivers a great mobile experience and much more.
This technology will help transform industries and provide urgent effects for customers. It can make businesses more efficient and allow customer access to more information faster.
5G wireless technology empowers a new type of network to bridge everyone and everything simultaneously, including objects, devices, and machines. It intends to transmit higher multi-Gbps peak data speeds, more reliability, and extra availability.
Malaysia Takes Advantage of 5G Technology
As 5G rolls out in most parts of Malaysia, consumers and businesses can now have a favourable time using their gadgets and smartphones. They can maximise their user experience and delve more into the technology that makes every research and transaction faster.
What Businesses May Get
The advanced technology gave industries quick access to cloud-based applications and data the standard. It can make business operations more efficient, allowing employees from different locations to collaborate. They can share huge files and have access to information at once.
Businesses will notice improved connectivity for workers posted in various locations, such as domestically or abroad. They can keep in touch with the office through high-quality video conferencing. Besides, this latest wireless technology allows businesses to connect and manage several IoT devices concurrently.
5G helped develop production processes in manufacturing industries through augmented
reality (AR), virtual reality (VR), and autonomous robotics. Additionally, it enables engaging simulations, which are beneficial in training or managing machinery maintenance in far-flung locations.
What Consumers Can Expect
Consumers can anticipate lower intervals, better capacity and connectivity, and improved streaming to make content more enjoyable. However, consumers and businesses should expect a higher fee for using the service.
Malaysia Might Seek Second 5G Network Provider
A business with no competitor means expensive products or services. That is why Malaysia decided to have another 5G network. It will become the competitor of Digital Nasional Bhd (DNB). The government will also grant them exclusive rights to establish and manage 5G infrastructure in the country.
On May 31, 2021, former Communications and Multimedia Minister Saifuddin Abdullah stated that DNB was designated to handle 5G infrastructure. Likewise, DNB will manage the network nationwide and provide wholesale 5G services.
However, Malaysia University of Science and Technology professor and economist Geoffrey Williams suggests removing the regulation. This will indicate that the government is really serious about abolishing monopolies.
“Breaking the monopolies is simply a matter of revoking the protection and opening the
market. In the case of DNB, the regulations will have to be revoked and fortunately, it’s simpler because it is only a ministerial directive,” said Williams.
Communications and Digital Minister Fahmi Fadzil said Putrajaya (a Malaysian city) agreed to establish a second 5G provider. It could be a Chinese, a US, or a UK company. He noted that the second network could start operating as early as January.
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