5G Factor: Signs of 5G Turnaround?

In this episode of The 5G Factor, our series that focuses on all things 5G, the IoT, and the 5G ecosystem as a whole, we review indicators of improving 5G prospects in 2024 across key areas such as Samsung’s surging Q1 2024 financial results amid AI’s rising tide, growing worldwide 5G connections plus eSIM expansion, the FCC proposing revival of the $9 billion 5G Fund for Rural America, and T-Mobile’s creative new Blink Smart Home bundle package.   Our analytical review spotlighted: Samsung Surging: Indicating Bumper Q1 2024 Results. Samsung is reporting that its operating profit would reach about 6.6 trillion Korean won ($4.9 billion) in Q1 2024, up from 64 billion won ($473 million) a year earlier, following a challenging 2023 pockmarked by diminished demand for consumer electronics. This represents nearly a tenfold increase year-over-year and appreciably above consensus estimates of 5.4 trillion won ($3.9 billion), according to FactSet. It would also be Samsung’s highest operating profit since Q3 2022. We examine why this is good news for the mobile ecosystem, especially 5G, aligning with the AI-fueled surge in the financial performance of key players such as NVIDIA, Super Micro, SK Hynix, and Micron amid key drivers such as 5G accounting for as many as 1.2 billion connections by 2025 and around 1 billion eSIM smartphone connections globally by the end of 2025 (according to GSMA Intelligence). FCC Proposing $9 Billion 5G Fund Revival. The FCC is proposing rules that would revive the 5G Fund for Rural America, allocating up to $9 billion for its initial phase. Funding sources for the program typically come from a combination of government appropriations, revenue generated from spectrum license auctions, and contributions from telecommunications companies participating in the program. We explore how relaunching a program originally adopted in 2020, makes more sense not that the FCC has better mapping to get 5G to areas it believes won’t receive the service without subsidization as well as inputs from the CTIA and the Rural Wireless Association (RWA) that can help optimize the potential 5G funding allocations.  T-Mobile’s Creative New Blink Smart Home Package. T-Mobile is offering a new bundle that enables customers to switch to 5G Home Internet or Small Business Internet and get a free Blink smart home package, including the Blink Outdoor 4 two-camera system and Blink Mini Pan-Tilt camera (a $229.97 value) for a limited time. We address the key selling point of simplified installation where people can go from unboxing to browsing in 15 minutes or less, no professional installation or wasting hours waiting for an appointment window required and how these types of creative bundling packages can help stimulate 5G service adoption.