5G could power Canadian telecom industry to “next phase of robust growth”: Conference Board

OTTAWA – While the arrival of 5G is widely expected to propel Internet of Things (IoT) applications and self-driving cars to mainstream, it is still unclear whether new business models will arise to provide a return on the massive investments required by telecom carriers, according to The Conference Board of Canada.5G Networks—The Future is Here! says that it is unlikely that this technological advancement will lead to significant increases in household spending on telecom services in Canada, unless it results in completely new ways to communicate with one another.With consumer spending plagued by high indebtedness levels and the growing likelihood of...