South Korea’s Ministry of Education, Science and Technology has announced that it is planning to invest $1.5 billion to develop a 5G Network that is set to be 1,000 times faster than 4G Lite and fast enough to allow users to download a full length film (usually around 800-megabyte file) in just 1 second. They expect the return to reach up to $310 billion.
They are aiming to roll out a 5G trial version by 2017 and have a commercial version ready by 2020. As well as being fast, the Network will develop new key features including Ultra-HD streaming, hologram transmission and upgraded social networking services.
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