{"id":31482,"date":"2022-06-29T13:02:09","date_gmt":"2022-06-29T12:02:09","guid":{"rendered":"https:\/\/www.ispreview.co.uk\/?p=31482"},"modified":"2022-06-29T13:02:09","modified_gmt":"2022-06-29T12:02:09","slug":"vodafone-claims-5g-may-boost-uk-economy-by-7bn-per-year","status":"publish","type":"post","link":"https:\/\/www.ispreview.co.uk\/index.php\/2022\/06\/vodafone-claims-5g-may-boost-uk-economy-by-7bn-per-year.html","title":{"rendered":"Vodafone Claims 5G May Boost UK Economy by \u00a37bn Per Year"},"content":{"rendered":"

Mobile operator Vodafone<\/a> UK has today published a new Digital Ambition 2030 study, which among other things claims that investment in 5G<\/a> could be worth up to \u00a37bn per year to the UK economy by 2030 and that failing to attract such investment may “undermine<\/em>” the Levelling Up agenda, with “towns and smaller cities having the most to lose<\/em>“.<\/p>\n

The report<\/strong><\/a> (PDF) itself is just 20 pages long and reads more like a simplified executive summary, which offers a very high level view of how 5G<\/a> might help to boost different parts of the country. But it doesn’t really explain any of its workings or methodology in enough detail for it to be helpful.<\/p>\n

Vodafone<\/a> also focuses on the benefits of deploying the next generation of 5G<\/a> Standalone (5G SA) networks (improvements to latency and upload speeds etc.), rather than today’s non-standalone 5G that overlays equipment on existing 4G<\/a> infrastructure. But the economic benefits of this are vaguely highlighted as coming from areas like manufacturing (IoT devices in smart factories), transport (autonomous vehicles), energy (better monitoring and control of energy use) and so forth.<\/p>\n

Overall, the study identifies 58 local authority areas which would see a high or very high benefit from a good investment environment for 5G – and which could fall further behind if investment continues to be limited to major cities. These are in every region of the UK except London, and include County Durham, Swansea, Midlothian, North East Somerset, Pendle and Sheffield.<\/p>\n

One key factor in all this is the pace of rollout, which differs between local authorities. Vodafone<\/a> claims their analysis shows that the difference between a good investment environment for full 5G (i.e. a fast rollout, supported by local authorities) and a poor one is worth as much as \u00a32.6 billion per year by 2025 and \u00a37 billion per year by 2030 in terms of economic out<\/p>\n

\"Vodafone-UK-5G-Investment-Environment-by-Region\"<\/p>\n

The report then makes a series of recommendations to support investment in full 5G across the UK. Naturally, Vodafone has a vested interest in all this, although some of the points they make below are entirely fair ones.<\/p>\n

Key Recommendations<\/strong><\/span><\/p>\n

\u00b7 The Government should publish an updated 5G strategy which sets out specific ambitions for the rollout of full 5G networks, underpinned by policy and regulatory reform that would enable these ambitions to be met<\/p>\n

\u00b7 Government should use its procuring power to create market demand in 5G related services. For example, the installation of smart energy management systems in all public buildings would reduce emissions in those buildings, expand interest in, and the market for, these systems elsewhere, and save money on energy bills<\/p>\n

\u00b7 Planning rules need to be set in such a way that they do not stop 5G infrastructure from being rolled out where it is needed and wanted<\/p>\n

\u00b7 The business rates system needs to avoid deterring investment in high-value infrastructure<\/p>\n

\u00b7 Net neutrality regulations should enable mobile operators to offer innovative new products and services to customers and meet increasing demands on the network, making use of the full technological capabilities of 5G<\/p>\n

\u00b7 The approach to spectrum fees needs to change so that the money can be reinvested in network deployment<\/p><\/blockquote>\n

Ahmed Essam, CEO of Vodafone UK, said:<\/strong><\/p>\n

“5G technology enables both massive innovation and huge gains in productivity, especially for industrial uses such as smart factories, and public services such as hospitals which will require ultra-reliable and ultra-low-latency communications. But the benefits of this will not be felt equally across the UK in the current regulatory and policy environment \u2013 we have to ensure the UK can attract investment in future technologies.<\/p>\n

5G rollout could be a major boost to the Levelling Up agenda. But it could also leave some places falling further behind. It all depends on getting the investment environment right. As our research reveals, there is a \u00a37bn per year difference between getting this wrong and getting this right. We want to see the whole of the UK \u2013 and in particular our smaller towns and cities \u2013 enjoying the incredible benefits that the 5G revolution can deliver.”<\/p><\/blockquote>\n

However, trying to accurately gauge the economic impact of deploying faster mobile networks is notoriously difficult, not least since most people and businesses won\u2019t be starting from a point of zero connectivity (e.g. 4G<\/a> is already widely available and can deliver a lot of the same benefits that this report attributes purely to 5G).<\/p>\n

In short, any study that claims to show a huge economic boost should be taken with a pinch of salt, as they\u2019re often overly optimistic and few forecasts are ever tested at a later date to see if they were accurate – partly because it\u2019s so hard to do. Nevertheless, few could disagree that faster and better mobile coverage are generally good things for the economy.<\/p>\n","protected":false},"excerpt":{"rendered":"

Mobile operator Vodafone UK has today published a new Digital Ambition 2030 study, which among other things claims that investment in 5G could be worth up to \u00a37bn per year to the UK economy by 2030 and that failing to attract such investment may “undermine” the Levelling Up agenda, with “towns and smaller cities having […]<\/p>\n","protected":false},"author":1,"featured_media":23390,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[1],"tags":[406,472,60,34,96],"class_list":["post-31482","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uk_isp_news","tag-5g","tag-business","tag-mobile-broadband","tag-statistics","tag-vodafone"],"share_on_mastodon":{"url":"","error":""},"yoast_head":"\nVodafone Claims 5G May Boost UK Economy by \u00a37bn Per Year - ISPreview UK<\/title>\n<meta name=\"description\" content=\"Mobile operator Vodafone UK has today published a new Digital Ambition 2030 study, which among other things claims that investment in 5G could be worth up\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ispreview.co.uk\/index.php\/2022\/06\/vodafone-claims-5g-may-boost-uk-economy-by-7bn-per-year.html\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vodafone Claims 5G May Boost UK Economy by \u00a37bn Per Year - 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