Published Jan 08, 2020 by Melissa Fox
5G technology has been touted as the next leap forward in the digital technology arena, and Houston is one of the first cities to roll out the new tech. But what is all this new investment about and how will it impact industries beyond technology?
5G networks need smaller and more closely deployed antennae that can attach to existing physical structures, such as light and telephone poles and buildings. These signals can also be carried faster and with more reliability.
T-Mobile became the latest telecom to turn on its 5G network in Houston and nationally, in December. Sprint, which is planning a merger with T-Mobile later this year, and Verizon turned on their 5G capability in Houston earlier in 2019.
In 2018 AT&T announced that it had 5G capabilities in multiple areas in Houston. The company also has invested nearly $1.5 billion in Houston wireless and wired networks from 2015-2018 in anticipation of 5G coverage. The investment also included updates to improve reliability, speed and performance.
These faster capabilities will offer businesses better opportunities to create new technologies and streamline old ones. When Accenture surveyed more the 6,600 business and IT executives for its Technology Vision 2019, 62% of the respondents said that 5G will have a significant impact on their industries within the next three years.
Infrastructure Networks, a Houston based oilfield telecommunications company, is working with telecommunications company Nokia to bring 5G networking capabilities to the Eagle Ford Shale of South Texas, the Permian Basin, and two additional shale basins outside of Texas. That integration will allow customers of Infrastructure Networks to send and receive large gigabytes of data faster than ever before.
"Operators, drillers and oilfield service companies can now embrace automation, artificial intelligence analytics and machine learning, only made accessible with next-generation, high-bandwidth, low-latency connectivity," Mark Slaughter, CEO of Infrastructure Networks, said in a statement this week.
As a 5G city, Houston has the potential to utilize this technology to move forward with smart city applications that could assist in reducing traffic congestion, lower energy usage and improve public safety. This new technology could also bolster the region's economy. Over the next seven years, 5G networks are estimated to create 3 million new jobs and contribute $500 billion to U.S. GDP.
"Houston has always been on the front line. It is who we are. It is in our DNA. We are a leading city," Mayor Sylvester Turner said at a roundtable discussion in October. "We didn't wait for somebody else to go to the moon. Or to be the energy capital of the world. Or the largest medical center in the world. But you don't stay at the front if you don't continue to lead."
This full-day conference on September 1 explores how the newly instituted United States-Mexico-Canada Agreement (USMCA) will impact energy, tech, aerospace, exports and global trade with insights from business leaders. This event will feature a keynote address from U.S. Secretary of Commerce Wilbur Ross. Additional speakers include:Â Kevin Brady, U.S. Representative, Texas 8th Congressional District Mark Wesley Menezes, United States Under Secretary of EnergyÂ Stan Chapman, Chairman TC Pipelines, Executive Vice President and President, U.S. Natural Gas Pipelines Alicia Kerber, Consul General, Consulate General of Mexico Rachel McCormick, Consul General, Consulate of Canada Kimberly Reed, Chairman and President, Export-Import Bank of the United States Bobby Tudor, Chairman and CEO, Tudor, Pickering, Holt & Co.Â Mike Gold, Associate Administrator for International and Interagency Relations, NASA Carlos Noriega Romero, Chief Executive Officer, Bancomext Amy Chronis, Managing Partner, Deloitte Graciela MÃ¡rquez ColÃn, Secretary of Economy, Government of MexicoÂ Major General Rodolfo Rodriguez Quezada, President, FAMEX Steve Clarke, Division Vice President, Jacobs EngineeringÂ George Y. Gonzalez, Partner, Hayes and Boone and Chair of International Advisory Committee These expert panels will address the political, economic and business implications behind the new agreement including:Â The State of USMCAâs Entry into Force Energy Integration for North American Energy Dominance The Future of Innovation in the Americas From Nose to Tail to Space: North American Aerospace Ingenuity Mitigating Risk: Tools to Drive North American Exports