Vodafone carried out two separate studies revealing the economic effects of 5G and fiber technologies in Turkey. According to the 5G impact analysis, with the implementation of 5G in our country, Income increase of more than 1 trillion TL in 15 years and 479 billion TL GDP increase can be provided. 1 year delay of 5G means deprivation of a benefit of 120 billion TL.
Record revenue growth is expected with 5G!
Operating with the vision of leading Turkey’s digitalization Vodafone, He signed two different studies that analyzed the contributions of 5G and fiber technologies to the national economy. Prepared by Vodafone in cooperation with Deloitte “The Power of Next Generation Connectivity: Economic and Social Benefits of 5G Technology for Turkey” The study, titled, reveals the economic effects of 5G in Turkey.
shiftdelete.netAccording to the research, which is a first in its field and includes analyzes that have not been done before, 5G technology has been implemented in Turkey in 15 years. more than 1 trillion TL revenue growth and 479 billion TL GDP growth is expected. 1 year delay of 5G 120 billion TL means to be deprived of a benefit.
According to the impact analysis study prepared by Vodafone in cooperation with the Policy Analysis Laboratory (PAL), an annual increase of 2.2% can be achieved in GDP until 2030, with investments that will increase the fiber cable length by 4 times. If fast broadband access can be provided to all businesses by 2023, 2023 GDP will increase. 1% additional increase can be achieved. This additional increase is in line with 2023 GDP projections. 8.1 billion dollars it corresponds.
Economic impact analyzes published by Vodafone, Engin Aksoy, CEO of Vodafone Turkey and Hasan Süel, Deputy Chairman of the Executive Board of Vodafone Turkey. introduced at the meeting. At the meeting, Vodafone’s solution suggestions for the problems experienced in the sector were also shared.
Vodafone CEO Engin Aksoy emphasized that the telecom sector and investments in broadband infrastructures are critical for the country’s economy and social resilience. According to the shared statistics, the internet usage rate of individuals increased from 79% to 82.6% in 2021.
At the meeting Hasan Süel, Deputy Chief Executive Officer of Vodafone Turkey Drawing attention to the policy steps that need to be taken for 5G and fiber technologies to bring about the desired economic impact, he said:
“Data traffic is constantly increasing within the framework of the digital economy, which consists of elements such as electronic commerce transactions, the activities of large technology companies and inter-machine communication. As operators, we are the main actors that ensure that this traffic continues uninterrupted with our network and frequency investments. We think that in order to sustain these investments in challenging macroeconomic conditions, ongoing problems in the sector need to be resolved and policies that support investments are needed.”