The European Union is determined to be among the first parts of the world to deploy 5G technologies, and it's now partnering with Japan and others to make sure that happens.
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Ericsson, one of the companies involved in developing 5G networks, has been field-testing some of its technologies and has achieved some very impressive speeds, as well as other improvements.
Nokia has announced publicly that it is buying Alcatel-Lucent, a wireless technologies company. The new consolidated business will put the Finnish manufacturer at the forefront of 5G tech in Europe.
Samsung boasted last year that it had reached mobile speeds of 7.5Gbps in 5G testing - but using new 'breakthrough technologies', UK researchers have achieved wireless speeds of up to 1Tbps.
After first showing off the future of Wi-Fi, Samsung is now revealing some impressive tests they've been doing on 5G networks, which achieved incredible download speeds even in tough conditions.
Nokia's network division is reportedly planning to test the 5G connection standard in Oulu, Finland. If everything goes as expected, many believe that 5G will be commonplace by the year 2020.
Mayor of London, Boris Johnson, is promising the city will be one of the first places where 5G connectivity will be deployed, offering its residents incredible mobile internet speeds.
As companies strive to improve 4G technology in the United States, Japan has already looked ahead and started development of its 5G network. Japan is aiming to launch 5G by 2020.