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First 5G data connection in Hungary
Ericsson and Magyar Telekom have held a demonstration of the first 5G New Radio at the Ericsson R&D centre in Budapest on Thursday. The first implementation of its kind in Hungary achieved download speeds of 22 gigabits per second (Gbps), portfolio.hu reports.
Diplomacy&Trade online | October 19, 2017

The integrated radio technology of NR enables downlink speeds that are upwards of 20 times faster than today’s technologies the financial websize quoted Gábor Éry, County Manager Ericsson Hungary.

Furthermore, the NR standard is capable of beamforming which enables point-to-point data transmission at very high speeds. While major deployment of 5G networks is not expected until 2020, development of pre-commercial products, testing and spectrum is ongoing.

Ericsson foresees a huge business potential with 5G and expects that by 2026 there will be a market opportunity of USD 582 billion and the potential to grow revenues by 34%.

Current 4G networks are gradually developing towards 5G technology, and when 5G networks are launched - which is unlikely before 2020 -, the two will work together, Éry added.

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