The race for 5G, and a promise to keep it cheap
3:18

The race for 5G, and a promise to keep it cheap

Tech Industry
[SOUND] T-Mobile is pushing hard to get its merger with Sprint completed. I had a chance to sit down with CEO John Legere and President Mike Seibert to discuss how Sprint fits into their plans for 5G. The bottom line is that they're arguing that the combination of T-Mobile and Sprint will allow them to offer a network that is both cheaper and faster, which You know, and will you break it down, like it doesn't seem likely because that's not usually how technology works, but- Of course it is. Everything is always better and cheaper. And cheaper. Everyone knows that. That's why I now paying $2000 for a standard phone. I don't know what phone you're paying for. It's just, it's a dark future that we live in. But, I mean you know, obviously these These telecom companies are very optimistic, they're all racing to be first. I'm very curious, though, in this scenario, does first really matter? If I'm on T-Mobile and Verizon gets 5G first, I'm not gonna say They're like, I'm leaving this to go to Verizon. Because I think that they'll probably get it all within a few months of each other. No, you're bringing up an excellent point. I think that the idea of being first to 5G is at this point really just about bragging, right? It's not really gonna affect most consumers. People aren't gonna jump-ship just to get access to 5G. And you have to sort of pass how These companies are getting to five you first. Verizon says will be first to 5G but it's going to be a broadband service in four cities. So chances are you're not going to have access to it 18 he wants to get mobile five GL first letter this year, but it's really just pucks and not phones T-Mobile Sprint both say they're going to launch next year T-Mobile's committed to a Nationwide launched by 2020 which is which know the carrier has, So there's maybe a likelihood that you'll be able to get 5G in the next two years maybe with T-Mobile or Sprint. Now can we talk about what you can actually do with 5G? Yeah. I feel like we've been talking about 5G probably since like episode one of the 359. But- I think you're right. [LAUGH] But yeah, what's all the hubub? So 5D obviously big speed boost is the the big thing. You're looking at speeds,100 megabits per second. Basically faster speeds than what you would get at home. Right and so way faster speeds. That's great for a streaming video whatever. But they're looking at applications like. Streaming VR like powering self-driving cars, be able to do remote surgery. These sort of applications require not just a speedy network but a responsive one. And that's [UNKNOWN] for the So what's the hold up? I mean everyone's racing to be the first, but like I said we've been talking about this for a while. It's a great segway into our next story. Qualcomm announcing it's mobile platform. Part of the issue is the lack of hardware, right? We don't have the right equipment to tap into those 5G networks, the one's that are getting built now. And so Qualcomm yesterday just pulled back the curtain on this 5G platform. So, it's basically telegraphing that those next flagship phones with the top of the line processors will have the ability to do 5G. They talked about 5G hotspot capabilities by the end of this year, phones coming next year. The two thousand dollar phones? Probably 2,000, but- Cheaper and faster. The service, not the phones themselves. All right. The phones will be even crazier expensive. [LAUGH]

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