The state of 5G: Hype versus reality two years later
5G networks have been up and running around the world since early 2019, at least in some markets. The rollout so far is touted to be much faster than 4G LTE, with broader coverage, a wide range of carriers, and a plethora of 5G smartphones and other devices to pick from compared to the same point on 4G’s deployment.
That sounds like great news for the wireless networking industry’s big players, but what about us consumers? 5G promised us not only faster data speeds for streaming content but also brand new products and never-before-seen use cases based on the benefits of 5G.
BT fails to hit 4G heights with just 1M 5G customers
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인기 국제대회 MSI , 2년 만에 내달 아이슬란드서 열린다-국민일보
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SK-POP. South Koreaâs SK Telecom (017670.KS) is broadcasting a clearer signal to shareholders. The $21 billion company led by Park Jung-ho unveiled plans to split itself up by spinning off technology investments, including stakes in chipmaker SK Hynix (000660.KS) and e-commerce outfit 11street, from its dominant but low-growth mobile and broadband businesses.
Specifics like share ratios and dividend policy remain to be seen, but the basic idea is promising. Assume the telecom business is valued at 5 times the EBITDA that Citigroup analysts forecast for 2021, and it would be worth about $16 billion after backing out net debt. They also estimate the combined net asset value for the rest at about $23 billion. Apply a 40% discount for the sprawl and many unlisted assets and it drops to $14 billion. That still implies a potential post-split valuation uplift of nearly 50%.
Breakingviews
By Reuters Staff
2 Min Read
Park Jung-ho, CEO of SK Telecom, attends a launching ceremony for its 5G service, in Seoul, South Korea, April 3, 2019. REUTERS/Kim Hong-Ji
(The author is a Reuters Breakingviews columnist. The opinions expressed are their own.)
MELBOURNE (Reuters Breakingviews) - SK-POP. South Korea’s SK Telecom is broadcasting a clearer signal to shareholders. The $21 billion company led by Park Jung-ho unveiled plans to split itself up by spinning off technology investments, including stakes in chipmaker SK Hynix and e-commerce outfit 11street, from its dominant but low-growth mobile and broadband businesses.
Specifics like share ratios and dividend policy remain to be seen, but the basic idea is promising. Assume the telecom business is valued at 5 times the EBITDA that Citigroup analysts forecast for 2021, and it would be worth about $16 billion after backing out net debt. They also estimate the combined net asset value for the rest at about $