As I write this, there is a technology that is revolutionizing our world. You can’t see, taste, or feel it, but I can assure you that when it is fully realized, it will change your life.
I’m talking about 5G wireless technology.
5G has been in the pipeline for several years, but so far we have mostly used it for the internet and smartphones. Large wireless operators – Verizon Communications Inc. (NYSE:VZ), AT&T Inc. (NYSE:T) in T-Mobile US, Inc. (NASDAQ:TMUS) – began deploying its 5G networks in select cities as early as 2019. Verizon released its 5G network in Chicago and Minneapolis on April 3, 2019.
By the end of 2020, its 5G network provided coverage to 230 million people and 2,700 cities. AT&T now provides coverage to 250 million customers nationwide. Not to be missed, T-Mobile’s 5G network reaches 308 million customers.
Interestingly, AT&T and Verizon recently clashed with the Federal Aviation Administration (FAA). Last month, the FAA expressed concern that part of the 5G wireless spectrum, called the C-band, could interfere with aircraft radio altimeters used to help pilots land their planes in bad weather. If pilots do not see the runway, they cannot land on the plans, which could lead to flight delays and flight diversions. The FAA has issued 1,462 air mission notices (NOTAMs) at 50 U.S. airports. Against this background, the FAA wanted to postpone the launch of Verizon and AT&T’s 5G.
Verizon and AT&T initially opposed the FAA’s request, but agreed in early January to postpone the introduction of 5G until January 19.
Verizon plans to launch its 5G Ultra Wideband service, which will cover 100 million people.
While the headlines sound scary, FAA news by no means means that 5G is a failure. Far from it.
The reality is that the global pandemic has accelerated the introduction of 5G as more and more people are looking for fast and reliable networks to work remotely and entertain at home. The recent “Global 5G Market Report” revealed that the 5G market is expected to exceed $ 188 billion in 2025, or in other words, the 5G market is projected to grow with an overall annual growth rate of 23%.
For me, the incredible growth potential of 5G is just beginning to be expressed and will continue in the coming years.
Actually on Tuesday, between mine Big Bet Summit, I have revealed why I see 5G being set up today to create a series of new winners.
Many people expect the transition from 4G to 5G to be relatively “flat” in proportion to what we experienced when 3G switched to 4G. I believe that will not be the case at all.
The jump to 5G is exponentially bigger – up to 1000 times faster than 4G compared to the 50-fold jump that required 3G to 4G. In other words, for every single device currently supported by 4G, 5G can support 1000 times more devices.
For starters, 5G smartphones themselves offer a lot of profit potential. According to research by Juniper Research, revenues from 5G smartphones could exceed $ 337 billion by 2025.
5G will also enable billions of connected devices to connect, interact and collect data with each other, unlocking an immense level of productivity and innovation for consumers, industry and governments.
Big breakthroughs stemming from other groundbreaking technologies such as artificial intelligence (AI), driverless cars, and augmented and virtual reality will finally get the lightning-fast connectivity needed to reach their full potential.
A groundbreaking study of 5G projects will bring in $ 13 trillion in global economic output in the coming years. Looking at this in perspective, the total GDP of the entire United States economy is just over $ 20 trillion.
Among mine Big Bet Summit, I explained in detail how 5G will help these different technologies, as well as the astounding impact it will have on the US economy. In case you missed you can watch the replay Big Bet Summit here.
And to help people get ready for the 5G boom, I’ve created a special portfolio of models that I call 5G hypergrowth portfolio: six stocks to incredible wealth. Every company directly strives for a profit of 5G. Click here for full details.
PS Let us recall that the fair will be closed on Monday, January 17, on the occasion of the Martin Luther King Jr. holiday. InvestorPlace offices, including our customer support department, will also be closed. I hope you enjoy a long weekend!
The Editor hereby discloses that, as of the date of this e-mail, the Editor directly or indirectly owns the following securities, which are the subject of comments, analyzes, opinions, advice or recommendations in or otherwise mentioned in the essay document below. :
T-Mobile US, Inc. (TMUS)