The 5G Revolution: These 3 Stocks could Help you Benefit from the Boom

12:41 09/23/2018

For quite some time, we’ve been using 4G, or 4th generation mobile networks. But that’s all set to change – and fast. In fact, over the next few months, companies will begin to roll out 5G, or 5th generation mobile networks. The goal is to provide quicker Internet speeds for users. The other objective of 5G is to help usher in the next wave of human-technology interaction, such as with the Internet of Things (IoT) and autonomous cars. 4G has a download speed of 100 megabits per second. But that’s nothing compared to the 10,000 megabits per second that 5G can handle. That’s 100 times faster than 4G, and would be under significant demand. And get this. By 2035, about $12.3 trillion worth of goods and services will be enabled by 5G networks, and the rollout of 5G will add approximately $3 trillion to the worldwide GDP. 5G Stocks to Watch Ceragon Networks (NASDAQ:CRNT) The company is a market leader in wireless overhaul, which is used to increase wireless network coverage. One place the company stands to do very well is India, which is expected to account for 27% of the 753 million new mobile subscribers by 2020. The company also anticipates that more than one billion devices will be connected to the 5G network by the time 2025 rolls around, covering about a third of all connected devices globally. Boingo Wireless (NASDAQ:WIFI) This smaller cap company could be a top 5G play. WIFI is a provider of commercial mobile wireless fidelity (Wi-Fi) internet solutions and indoor direct-attached storage (DAS) services. It also acquires long-term wireless rights at venues, such as airports, transportation hubs, stadiums, arenas, universities, convention centers and office campuses, and it builds wireless networks, such as DAS, Wi-Fi and small cells, at those venues and monetizes the wireless networks through a range of products and services. Zayo Group (NYSE:ZAYO) The company provides comprehensive bandwidth infrastructure services in over 300 markets throughout the United States and Europe. Zayo delivers a suite of dark fiber, mobile infrastructure and cloud and connectivity services to wireline and wireless customers, data centers, internet content providers, high-bandwidth enterprises and government agencies across its robust 82,000 route mile network.

This article has been provided by a Chasing Markets contributor. All content submitted by this author represent their personal opinions, and should be considered as such for entertainment purpose only. All opinions expressed are those of the writer, and may not necessarily represent fact, opinions, or bias of Chasing Markets.
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