GSMA: $212 Billion Boost to Asia-Pacific GDP at Stake at WRC-19

HONG KONG, Oct 8 (Bernama-BUSINESS WIRE) — Innovative 5G services will generate $212bn of economic expansion – 0.8 per cent of GDP growth – in APAC by 2034, according to a report released by the GSMA. This huge opportunity for the region’s digital economy depends on the availability of necessary radio frequencies, including those known as ‘millimetre wave’ frequencies that will deliver ultra-high capacity and ultra-high-speed services. However, efforts by the space sector to unreasonably constrain the use of these critical frequencies has 5G’s future hanging in the balance.

“APAC can join the Americas, Africa and the Middle East in making pro-5G decisions at WRC-19. By doing so it can guarantee continued broadband growth and secure its digital future,” said Julian Gorman, Head of Asia Pacific, GSMA. “5G will be an evolutionary step with a revolutionary impact, having a deeper effect on our lives than any previous mobile generation. As operators in the region continue to expand 4G connections, their governments can lay the foundation for their 5G future by identifying the needed spectrum at WRC-19.”

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