In a vital breakthrough witnessed across the global telecom industry, the Trump administration has decided to build a secure 5G network through a collaboration with reputed private players to safeguard the nation against Chinese threats. One of the key government executives has stated that the U.S. authorities are interacting with the telecom giants across Europe, U.S., and Asia excluding China-based companies, to accomplish the same. Reports claim that though the U.S. authorities have commenced discussions with major telecom giants, pivotal business decisions such as investments & control have not been finalized.
According to some of the key U.S. government officials, the authorities are likely to face various issues such as how the amount of money collected through various taxes should be allocated for the project. A dilemma regarding the ownership may also crop up, they say. Reports are rife with the speculation that if the government builds a wireless network for commercial purposes, it will be drifting away from its policy of granting licenses to private telecom firms to build their own networks.
Apparently, some of the U.S. based telecom companies such as Verizon have already planned to set up a 5G wireless technology in the future. It has even been predicted that a lot of service providers across the telecom sector in the country have decided to offer 5G services by 2020. With the new technological advancements taking place across the U.S. telecom sector, the government’s decision to create a 5G network will serve its purpose of countering the threat against cybersecurity. Experts believe that the secure 5G network will also provide a firewall for new technologies that find applications in autonomous vehicles and virtual reality.
However, the U.S. legislators have raised concerns that with the Chinese telecom firms increasing their market share across Europe and Latin America, the country’s initiative to speed up the 5G network growth will require cooperation from telecom firms outside the Chinese dominance.