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5G in Uruguay Improves Conditions for Doing Business

5G in Uruguay Improves Conditions for Doing Business

Uruguay is not only a country with a favourable investment climate, a promising macroeconomic performance and a strategic location for international trade. It is also one of 34 countries worldwide to deploy 5G network in its cities. Learn about the introduction of 5G in Uruguay and the advantages of doing business in the country. The introduction of 5G in Uruguay Uruguay is the third country in the world to start regular 5G operations. ANTEL has recently completed the installation of the first commercially available 5G network in Latin America. This makes Uruguay one of the first countries in the world to introduce the new 5G mobile communications standard.The telecommunications company built the infrastructure as part of a public-private partnership. According to the company, the new network enables the supply of up to one million devices per square kilometre with a transmission speed of one gigabyte per second. Likewise, as claimed by José Otero, President of the non-profit organization "5G Americas", Uruguay is the third country in the world to start regular 5G operations. What is 5G? 5G is the fifth generation of mobile radio and the direct successor to 4G, which is also known as Long Term Evolution (LTE). The main features of the new network are higher data rates and shorter latency times. The aim of 5G is to increase the transmission speed in the network and to reduce the latency times to enable real-time communication between devices. In comparison to the previous LTE standard, 5G allows: Up to a 10-fold increase in the data rate from previously a maximum of 1...

Smart Cities: Business Opportunities in LATAM Urbanism

Smart Cities: Business Opportunities in LATAM Urbanism

Smartphones, smart homes, smart roads and now smart cities: the ‘smart’ revolution has seized the world’s attention. With the use of big data, connectivity and the internet, cities are becoming reflections of the people who live there, creating a more habitable and efficient space to live in. Subsectors of Latin America's emerging tech industries are now being incorporated into community-wide matrices. A United Nations study predicts that 68% of world population will be living in urban environments by 2050. Government investment into research and development is crucial at this stage, to pre-empt the inevitable update on urban performance. We take a look at the characteristics of smart city innovation and initiatives in Latin America, and how businesses can get ahead of the curve by investing in this industry now. What is a smart city? Smart cities incorporate information and communication technologies (ICT) to enhance the efficiency of urban services, whilst also improving citizen welfare. A wide range of ICT applications are used to reduce costs and resource use, as well as increase the communication between government and citizens. Not all countries have the same vision for smart cities. Some propose entirely new-build, stand alone cities in their territories, whilst others seek to incorporate new technology into an existing city. No matter how small the initiative, the industry of making urban spaces more habitable and efficient is one estimated to be worth US$1.5 trillion by the year 2025.   Smart cities disrupt consumption patterns Efficiency and sustainability are...

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