Vodafone and Three merger paves the way for £11bn 5G investment
5G-enabled technologies are expected to help revolutionise the way health services are delivered
5G-enabled technologies will deliver significant improvements across society, including saving the NHS almost £1billion per year, according to new economic modelling.
The modelling, commissioned by Vodafone and conducted by WPI Economics, shows:
The findings follow the announcement of the planned combination of Vodafone UK and Three UK, as well as the launch of Vodafone’s 5G Standalone connectivity service which will create the most-technologically-advanced telecommunications network in the UK.
The initial launch of Vodafone’s 5G Standalone network will offer a glimpse of what is possible in the digital future, while the merger will give the two companies the scale required to invest £11billion over the next decade.
Altogether, this will create Europe’s leading 5G network, support the Government’s 5G ambitions, drive digital transformation, and create new jobs.
And it comes as new research reveals that the public is realising the role technology can play in improving society.
A survey of 2,000 UK adults, commissioned by Vodafone, found healthcare (31%) was identified as a key sector that people think will benefit most from 5G.
Our proposed combination with Three UK will give us the scale to accelerate investment in the UK’s digital future and the launch of Vodafone 5G Ultra gives a taste of what life could be like
Unsurprisingly, this was also the area people say they have been most frustrated with in the last 12 months.
Ahmed Essam, chief executive of Vodafone UK, said: “Our research shows half of the population think that technology could make their lives easier.
“For the other half, it’s up to us to bring to life the difference technologies like 5G Ultra can make to everyday life – the streets we walk down, the trains we travel on, and how we look after one another.
“Our proposed combination with Three UK will give us the scale to accelerate investment in the UK’s digital future and the launch of Vodafone 5G Ultra gives a taste of what life could be like.
“Together we can deliver innovation further and faster.”