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Europe and South Korea Sign an Agreement to Set Standards for Next-Gen 5G-Network

10. News
It's being reported today that the European Union will be working closely together with South Korea's Ministry of Science to develop technologies for a next-generation mobile information and communication network, while also jointly seeking to set global standards with the new technology.


South Korea's Yonhap is reporting that the new agreement between Europe and South Korea was reflected in a joint declaration that was issued at a Hotel in Seoul late Monday.


South Korea's Ministry of Science, ICT and Future Planning stated in a press release that with the "joint declaration, the two sides agree to work closely to strengthen their cooperation in the information and communication technology sector, especially working closely together to develop related technologies, standards and policies for the fifth-generation (5G) network."


To this end, the sides will set up a joint working group, which will plan and set up joint research and development projects, it added. The two sides have also agreed to work together in forming a global consensus on the definition of new 5G network technologies while exchanging their policies on the frequency for the next generation mobile communication network to help enhance the interoperability of their separate systems and devices.


But don't hold off on purchasing a new iPhone this year hoping to see 5G come to market, because that's not going to happen. Some are estimating that it'll take 5-6 years at best before this next generation network is rolled out globally. 


Although the standards process may be moved along a little quicker now that Europe is on board, it's still too early to determine what time saving that could translate into. 


The good news is that the 5G Network could be up to 1,000 times faster than the current 100-megabit-per-second LTE service is today. By 2020, telecom operators will be able to provide an Internet connection speed of 1 gigabit per second.


Jang Eun-jung, a researcher at the Korea Communications Agency, noted that "What is important here is that the 1Gbps service will be provided per person, not per base station. Currently, LTE service provides 100 Mbps service per base station, which can accommodate 100 users. The more users there are, the slower the speed. However, the service per person will not be affected by the number of users."


With the advent of so many new video services exploding onto the market of late, I'm sure there's pressure to expedite the move to 5G networks. However, let's hope that before 5G networks arrive that we'll be closer to finding Federal support for Net Neutrality or else we'll be paying through the nose to get our hands on faster services.


For those of you that are interested in this topic, there's an interesting new report published by Katheryn Thayer at Forbes today titled "Tim Wu Makes a Bid for Net Neutrality" that's worth checking out.


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More on Net Neutrality could be found here. Other recent articles on this topic include:


The Net Neutrality Battle may be headed to your Phone

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