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5G services to contribute AUD 50 billion to Australia's GDP by 2030

Monday 24 September 2018 | 10:42 CET | News
5G technology will contribute to Australia's economic growth through increased productivity, workforce participation and new business opportunities, according to a report from Deloitte. The research commissioned by Australian operator Telstra found that the Australian economy is already 2% larger because of the productivity benefits of mobiles, and recent forecasts by the Bureau of Communications and Arts Research put the benefits of 5G to Australia's GDP at up to AUD 2,000 per person, or between AUD 32 billion and AUD 50 billion, by 2030.

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Categories: Mobile & Wireless
Companies: Deloitte Nederland / Telstra
Countries: Australia
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