A partial to full restriction on Huawei in the telecoms supply chain could result in an 18 – 24 month delay to the widespread availability of 5G in the UK
A delay to launch will result in the UK failing to be a world leader in 5G – something that has been central to the UK Government’s 5G strategy
Using the Government’s own estimates on the benefits of 5G, the cost to the UK economy of a delay in rollout is calculated at between £4.5bn and £6.8bn
As well as the measurable financial impact, the UK will also suffer in terms of lower inward investment and lost productivity gains through stagnation of digital infrastructure
The new analysis, based on the Government’s own projections, and compiled with the co-operation of UK mobile operators, found that a delay to 5G rollout while operators make alternative procurement arrangements with other suppliers may seriously threaten the UK’s aspiration to be a world leader in 5G, something that has been central to the UK Government’s industrial strategy since 2016.
The importance of early 5G leadership to realise the economic benefits of the technology can’t be understated. If any restriction were to be imposed on Huawei, many of the benefits associated with 5G leadership could be lost for good, not simply delayed as a result – these include significant productivity gains that stand to benefit the UK’s global economic standing.
The research shows that, across a number of industries which are expected to take advantage of 5G connectivity, new sources of growth and innovation may be delayed with further consequences for consumers and a damaging effect on UK businesses.
Find Out More
We realise that sometimes you need an independent research partner to carry out a study on your behalf. We have carried out a number of research projects for a range of different types of client.
Tell us about your requirements and we’ll let you know what we can do.