Cable / Telecom News

5G networks in Canada will fuel innovation in healthcare, agriculture, industrial; boost GDP by $40B: CWTA report


OTTAWA – With new 5G wireless networks poised to contribute as much as $40 billion annually to Canada's economy by 2026 plus create hundreds of thousands of new jobs, collaboration between the public and private sectors is critical to its success, says a new report commissioned by the Canadian Wireless Telecommunications Association (CWTA).Developed by Accenture Strategy, ‘Fuel for Innovation – Canada's Path In The Race To 5G’ predicts that more than 150,000 short-term jobs are likely to be created between 2020 and 2026 while the networks are being deployed, and estimates that the $26 billion investment by facilities-based carriers required to deploy the networks...