Stafford MP, Jeremy Lefroy has welcomed the Government announcement of a £25 million investment in 5G technology, showing its commitment to cutting edge technology.
The £25 million ‘5G Testbeds and Trials’ competition is part of the £740 million National Productivity Investment Fund to support the next generation of digital infrastructure. New test locations are being sought all across the UK to support the future rollout of 5G and interested parties are being encouraged to come forward with project proposals for match funded grants of up to £5 million.
This follows on from announcements in the 2016 Autumn Statement of the Government’s intention to invest in a nationally coordinated programme of 5G testbed facilities and application trials, as part of a £1 billion package of announcements made to boost the UK’s digital infrastructure.
The Future Connectivity Challenge Group report suggests that UK leadership in 5G could result in the opportunity to create £173 billion of incremental UK GDP growth over a ten year period from 2020 to 2030.
This 5G competition follows the announcement that by the end of this year a Government investment of £1.7 billion will have supported the rollout of superfast broadband to 95 per cent of the UK.
Commenting, Jeremy said: “To stay competitive the UK must be at the cutting edge of new technology. This investment in 5G will cement the UK’s position as a world leader in the development of 5G technology and help make Britain the best place to grow a digital business, creating jobs and ensuring our digital infrastructure is fit for the future.”