3GPP NR Meeting 230Balázs Bertényi of Nokia is the 3GPP RAN Chairman, who recently oversaw some remarkably intense work to finalize "5G NR." That's otherwise known as Release 15. Guy Daniels of TelecomTV got clear answers to questions every pr person has been ducking: What is it exactly? How does it differ from LTE radio? The "two main elements" apply to the older definition of 5G, high frequencies only.  

5G NR operates in higher bands, such as 28 GHz millimeter wave. There's a great deal of unused spectrum up there. Also More bandwidth in wider channels, up to 400 MHz. Few today have more than LTE's 100 MHz limit. But the U.S. 28 GHz band has ~2,000 MHz.

The illustration is a schedule from the frantic last week with ~ 200 hours of meetings to wrap things up. The words below are my edits. I recommend you listen to the video. It's less than three minutes.

 At high frequencies, the bandwidth is there. (The available spectrum is the whole point of using mmWave.) Ericsson, Huawei, Nokia, Samsung, & ZTE have all demonstrated 20 GHz peaks. Qualcomm models median actual user speeds well over a gig.

Bertényi doesn't forget, "We also have Massive MIMO." He projects the improved version of MM in Release 15 has 15-20% more throughput in the lower bands. I'm researching whether the improved MM is because of the "New Radio" or just is another improvement in Release 15.

"Of course," he adds, "We also have the low latency." The common target is < 10 milliseconds, although a future, ultrareliable version of 5G can get the latency from the cell to the phone down towards 1 ms. LTE is now down to 2 ms, although neither 5G nor LTE equipment with those low latencies is available. In most telecom networks, you have to add the latency from the cell to the C-RAN intelligence. No one is talking down to 1 or 2 ms unless the intelligence moves to the edge, which is very expensive.

With China Telecom now committing to 3.5 GHz, the strong majority of 5G in Europe and Asia will not be high frequency in the early years according to informal surveys.

There is much, much more in the Release.

dave ask

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The 3.3-4.2 spectrum should be shared, not exclusively used by one company, concludes an important U.S. Defense Innovation Board report. If more wireless broadband is important, sharing is of course right because shared networks can yield far more

It does work! Verizon's mmWave tests over a gigabit in the real world. 
The $669 OnePlus 7 Pro outclasses the best Apples and probably the new Galaxy 10 or Huawei P30 Pro. Optical zoom, three cameras, liquid cooling, Qualcomm 855 and more.
Korea at 400,000 5G May 15. Chinese "pre-commercial" signing customers, 60,000-120,000 base stations in 2019, million+ remarkable soon. 
5G phones Huawei Mate 20, Samsung Galaxy 10, ZTE Nubia, LG V50, and OPPO are all on sale at China Unicom. All cost US$1,000 to 1,500 before subsidy. Xiaomi promises US$600.
Natural monopoly? Vodafone & Telecom Italia to share 5G, invite all other companies to join.
Huawei predicts 5G phones for US$200 in 2021, $300 even earlier
NY Times says "5G is dangerous" is a Russian plot. Really.
Althiostar raised US$114 million for a virtual RAN system in the cloud. Rakuten, Japan's new #4, is using it and invested.
Ireland is proposing a US$3 billion subsidy for rural fibre that will be much too expensive. Politics.
Telefonica Brazil has 9M FTTH homes passed and will add 6M more within two years. Adjusted for population, that's more than the U.S. The CEO publicly urged other carriers to raise prices together.
CableLabs and Cisco have developed Low Latency XHaul (LLX) with 5-15 ms latency for 5G backhaul,  U.S. cable is soon to come in very strong in wireless. Details 
Korea Telecom won 100,000 5G customers in the first month. SK & LG added 150,000 more. KT has 37,500 cells. planning 90% of the country by yearend. 
The Chinese giants expect 60,000 to 90,000 5G cells by the end of 2019.
China Telecom's Yang Xin warns, "Real large-scale deployment of operators' edge computing may be after 2021." Customers are hard to find.
Reliance Jio registered 97.5% 4G availability across India in Open Signal testing. Best in world.

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Welcome On Oct 1, 2019 Verizon turned on the first $20B 5G mmWave network with extraordinary hopes. The actual early results have been dismal. Good engineers tell me that will change. Meanwhile, the hype is unreal. Time for reporting closer to the truth.

The estimates you hear about 5G costs are wildly exaggerated. Verizon is building the most advanced wireless network while reducing capex. Deutsche Telekom and Orange/France Telecom also confirm they won't raise capex.

Massive MIMO in either 4G or "5G" can increase capacity 3X to 7X, including putting 2.3 GHz to 4.2 GHz to use. Carrier Aggregation, 256 QAM, and other tools double and triple that. Verizon sees cost/bit dropping 40% per year.

Cisco & others see traffic growth slowing to 30%/year or less.  I infer overcapacity almost everywhere.  

Believe it or not, 80% of 5G (mid-band) for several years will be slower than good 4G, which is more developed.