As the world prepares for the arrival of the fabled tech of 5G, new agreements are happening to maximize the output from the launch of this new technology that will be making a significant impact on the world technology scene and changing it drastically.
Chinese vendor ZTE has surpassed by far the milestone of 60 agreements with operators worldwide in the field of 5G and is expecting to make more agreements and deals as the world is preparing for the 5G technology launch. The company has been making these deals with the operators worldwide to maximize their profits as the new technology is revealed and to dominate the 5G markets before they even start their operations. This optimism of the company has spawned these vast number of deals which are not completed yet, and there are more to be signed as some are in the talks. ZTE is also paving the way to get ready for future 5G launches in critical Latin American markets such as Brazil, Argentina, Colombia, Peru, and Mexico, and this is part of the efforts and trials that the company has been making in the region.
We expect that the Chinese company will be dominating the 5G markets as the tech is launched next year in most of Asia and the western regions of the world in the first quarter of 2020 while the rest of the world will be seeing 5G later in 2020 and early 2021. 5G is said to be 100 times faster than its predecessor, 4G.
Tags : Chinese vendor, 5G markets, ZTE, Chinese company, predecessor,