Adapted from an article by Bruce Kushnick, Mar 25, 2019 | Original Medium article here.
Kushnick’s Law:
“A regulated company will always renege on promises to provide public benefits tomorrow in exchange for regulatory and financial benefits today.”
Why do we have the "Race to 5G"? Because 5 comes after 4 . . . this is more a label for perceived progress than actual, tangible consumer benefit. Market watchers and consumers know that the "Smart Phone" has run its course. It has reached market saturation and consumers are settling into a more sane upgrade pattern — keeping their phones for three year or longer. Smart Phones, since about 2015 or so have, on the whole, have been more capable than consumers need or want. That explains why Smart Phone unit sales in the US have flattened or dropped for multiple years.
The same can be said for the Wireless networks. We have reached market saturation. Where there is 4G Wireless service, people are satisfied with their service. Where there is no 4G service (the rural and lower income areas) people are not. Will 5G address the need to for upgraded service in these underserved and unserved areas? Not likely because the business case for private wireless companies is not lucrative enough. It is more lucrative for them to force another unnecessary upgrade on the densely populated urban and suburban areas in an effort to convince people to upgrade, once again.
5G wireless, therefore is just another bait-and-switch campaign to secure more regulatory and financial benefits for AT&T and Verizon so they can maximize their future profits. 5G is merely a label for "what comes next" — lots of hype and promises for the future that history shows will mostly not materialize.
The game plan: AT&T and Verizon can just promise a new shiny bauble (the Internet of Things) make more money and get rid of all regulations. That is what this is all about.
- Any real consumer benefit? Mostly from "meh" to downright indifference.
- Any fix for the growing Digital Divide? Sorry. Not profitable enough.