Germany’s auction of 5G spectrums reached 5 billion euros yesterday, in excess of expert estimates. The high price will mean that whilst the German government received a large amount of money to inject in improving their public digital infrastructure, it will simultaneously harm the capability of Telecoms to efficiently and quickly fund the construction of the 5G networks.
Additional concerns for the Telecoms that managed to obtain a slice of the 5G spectrum is that they will have to build the 5G networks whilst living up to the stringent security requirements made by the government for the winning bidders of the sale, as well as the requirement to have “successful bidders to provide coverage to 98% of household with 100Mbits/s speed by the end of 2022 and 300Mbits/s by the end of 2025.” (link: http://telecoms.com/492241/german-5g-auction-set-for-early-2019-with-some-strings-attached/)
Marin Ivezic is a Cybersecurity & Privacy Partner in PwC Canada focused on risks of emerging technologies. He leads PwC’s global 5G cybersecurity efforts as well as industrial, IoT and critical infrastructure cybersecurity services in the region. All these focus areas are being transformed with the emergence of 5G, massive IoT (mIoT) and critical IoT (cIoT). Marin worked with critical infrastructure protection organizations in a dozen countries, 20+ of the top 100 telecom companies, and a number of technology companies on understanding the geopolitics of 5G; uncovering as-yet-unknown security and privacy risks of 5G, AI and IoT; and defining novel security and privacy approaches to address emerging technology risks.
Luka Ivezic is an independent consultant and author exploring geopolitical and socioeconomic implications of emerging technologies such as 5G, Artificial Intelligence (AI) and Internet of Things (IoT). To better observe policy discussions and societal attitudes towards early adoptions of emerging technologies, Luka spent last five years living between US, UK, Denmark, Singapore, Japan and Canada. This has given him a unique perspective on how emerging technologies shape different societies, and how different cultures determine technological development.