Singapore markets closed
  • Straits Times Index

    3,095.59
    -6.62 (-0.21%)
     
  • Nikkei

    25,935.62
    -457.42 (-1.73%)
     
  • Hang Seng

    21,859.79
    -137.10 (-0.62%)
     
  • FTSE 100

    7,168.65
    -0.63 (-0.01%)
     
  • BTC-USD

    19,067.38
    -169.03 (-0.88%)
     
  • CMC Crypto 200

    420.84
    +0.70 (+0.17%)
     
  • S&P 500

    3,825.33
    +39.95 (+1.06%)
     
  • Dow

    31,097.26
    +321.83 (+1.05%)
     
  • Nasdaq

    11,127.84
    +99.11 (+0.90%)
     
  • Gold

    1,812.90
    +5.60 (+0.31%)
     
  • Crude Oil

    108.46
    +2.70 (+2.55%)
     
  • 10-Yr Bond

    2.8890
    -0.0830 (-2.79%)
     
  • FTSE Bursa Malaysia

    1,449.74
    +5.52 (+0.38%)
     
  • Jakarta Composite Index

    6,794.33
    -117.25 (-1.70%)
     
  • PSE Index

    6,165.35
    +9.92 (+0.16%)
     

T-Mobile launches 5G products to compete with Verizon, AT&T for business clients

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·2-min read
FILE PHOTO: A T-Mobile logo is seen on the storefront door of a store in Manhattan
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

By Supantha Mukherjee

STOCKHOLM (Reuters) - T-Mobile on Monday launched a suite of 5G products to lure business clients and capture some of the market share of rivals Verizon and AT&T, and has signed up customers including an automaker, an airline operator and a theme park.

The product suite, what it calls 5G advanced network solutions, will offer three levels - from a complete private 5G network to sharing space over a public network, Callie Field, T-Mobile's president of business group, told Reuters. Field declined to name the customers.

T-Mobile, armed with a bigger share of spectrum that is ideal for 5G than Verizon and AT&T, is trying to make a dent in acquiring business customers despite the dominance of its more established rivals.

One of its clients, SailGP, is using T-Mobile's private 5G in San Francisco where it saw latency drop by 50% compared with Wi-Fi while sending real-time analytics from boats traveling at 60 miles per hour.

Having a private 5G network helps businesses avoid jostling for speed with others on a public network and enables data-intensive applications.

Ports, airports, warehouses and logistics hubs are expected to be the first adopters of private 5G, and IDC private wireless infrastructure revenue to reach $8.3 billion by 2026 from $1.7 billion in 2021.

Field said T-Mobile was working with Dell for "edge computing" infrastructure for private 5G but could work with a vendor that a customer chooses as well.

"Edge computing" helps in analyzing bulk data where it was gathered - factory floor or an oil rig - before moving it to remote servers, attracting big technology companies to offer their expertise.

T-Mobile, in which Deutsche Telekom owns a 48.4% stake, has been gaining subscribers following its merger with Sprint and as it rolls out its 5G service.

(Reporting by Supantha Mukherjee, European Technology & Telecoms Correspondent, based in Stockholm; Editing by Bernadette Baum)

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting