InterDigital Inc (IDCC)

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European Commission: Benefits From 5G Deployment in Europe Estimated to Reach ?113.1bn Annually by 2025

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* European Commission supported study, carried out by InterDigital and others,
finds that in 28 EU Member States total cost of 5G deployment could reach
approximately ?56 billion in 2020
* Study suggests that investment in 5G could achieve trickle-down effects
totalling ?141.8bn annually by 2025
* These effects are likely to create 2.4 million jobs across the EU
LONDON and WILMINGTON, Del., Sept. 28, 2016 (GLOBE NEWSWIRE) -- Findings from
a new study completed for the European Commission has identified a potential
annual benefit to its member states of ?113.1 billion annually as early as
2025 from deploying 5G, with trickle-down benefits from 5G investment totaling
as much as ?141 billion. The findings come from a major new study entitled
?Identification and quantification of key socio-economic data to support
strategic planning for the introduction of 5G in Europe,? prepared for the
European Commission by InterDigital Europe, Real Wireless, Tech4i2 and CONNECT
(Trinity College Dublin).

The primary aim of the study was to forecast the benefits, impacts and
technical requirements to assist strategic planning for the introduction of 5G
across Europe. In addition to the economic benefits resulting from 5G
deployment, it is also expected to create 2.3 million jobs in EU28 Member
States. The study estimates that in EU28 Member States the total cost of 5G
deployment will be approximately ?56 billion by 2020.

The report is the result of more than a year of research by team leads from
InterDigital Europe and the study?s other contributors, punctuated by two
group working sessions held in Brussels during 2016. Those group workshops
brought together more than 80 experts from four main vertical industries:
automotive, healthcare, transportation and energy.

While 5G benefits and capabilities are extremely broad and varied, the study
identified three main capabilities that will bring beneficial changes and
development. These were:
* 50Mbps everywhere - Truly ubiquitous coverage is expected to help overcome
the ?digital divide? caused by poor broadband coverage
* Scalable solutions for sensor networks - Support for large scale M2M/IoT
networks is a priority for all verticals and environments, in particular,
automotive, healthcare, transport and utilities
* Ultra-tactile Internet - A step-change capability that has the potential to
unlock futuristic applications and services including real-time
sense-respond-actuation cycles that enable human-device and device-device
interactions.
The combined annual benefit of ?113.1 billion by 2025 identified in the
study comes from two main groupings, first order benefits across four vertical
industries, totalling ?62.5 billion, and second order benefits across four
?environments?, totalling ?50.6 billion. In further findings from the
report, 63 percent of these total benefits will arise for business and 37
percent will be provided for both consumers and society.

In vertical industries, the automotive, healthcare, transport and utilities
sectors are expected to experience major benefit. From an economic
perspective, strategic benefits of 5G are forecast as follows:
* Automotive ?13.8 billion
* Healthcare: ?1.1 billion
* Transport: ?5.1 billion
* Utilities: ?775 million
In the four environments of Smart Cities, Non-Urban, Smart Homes and
Workplace, the total economic, social and environmental benefits of 5G are
forecast as follows:
* Smart City: ?8.1 billion
* Non-Urban: ?10.6 billion
* Smart Home: ?1.3 billion
* Workplace: ?30.6 billion
On the findings, Alan Carlton, Vice President, InterDigital Europe, stated:
?Many people are excited about 5G technology, but the goal of this study was
to investigate what 5G might actually mean for industries, including the
mobile industry, as well as various other stakeholders. This study should
provide a basis for regulators, other public authorities and various
stakeholders to plan future policy in areas such as spectrum allocation
planning and future market regulation. The key in all this is to attain
maximum benefit, both socially and economically.?

You can also view InterDigital?s recent work aligned to 5G-PPP activities
here
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About InterDigital(®)

InterDigital develops mobile technologies that are at the core of devices,
networks, and services worldwide. We solve many of the industry's most
critical and complex technical challenges, inventing solutions for more
efficient broadband networks and a richer multimedia experience years ahead of
market deployment. InterDigital has licenses and strategic relationships with
many of the world's leading wireless companies. Founded in 1972, InterDigital
is listed on NASDAQ and is included in the S&P MidCap 400(®) index.