As network technology continues to advance, mobile operators have begun to evaluate how they can monetize the 5G spectrum. Consumer networks alone are not going to pay back the enormous mobile operator investment in 5G, and voice, text, and data are no longer luxury items for which consumers will pay high sums – they are perceived as affordable and ubiquitous.
Unlike the consumer-oriented 5G market, the enterprise 5G segment presents a promising solution for operators by allowing them to allocate dedicated 5G spectrum to their business and public service clients. This specialized 5G spectrum can serve an enterprise’s customers, employees, visitors, and IoT devices, offering high bandwidth and low latency for multiple devices within their private network. This approach is known as network slicing.
The key to network slicing is that operators reserve and manage each client’s slice of the spectrum. The client can, in turn, use the spectrum to enhance the performance of a business or enterprise and improve their overall revenue. As a result, the operator has a viable and valuable service to sell, thanks to network slicing.
Network slicing state of play
A network slice could be sold on a temporary basis – for example,