LIVE FROM GSMA MOBILE WORLD CONGRESS AMERICAS 2018: Sprint executive chairman Marcelo Claure came out fighting after regulatory review of its proposed $26 billion merger with T-Mobile US stalled, warning the deal is the only way for the US to retain a leadership position on 5G.
Speaking during the opening keynote, Claure said federal efforts to streamline small cell siting are helpful to 5G efforts, but noted “the best way for the US to deliver a broad, deep, world-leading 5G network is by allowing the merger of Sprint and T-Mobile to happen”.
He added the deal will also benefit consumers as the merged company plans to slash prices to woo customers away from Verizon, AT&T, Comcast and Charter.
The statements followed the US Federal Communications Commission’s decision earlier in the week to put its review of the transaction on hold. The agency said doing so would give it more time to analyse new documents related to network, business and economic modelling submitted by the operators.
Claure hammered the point, noting countries including China and South Korea are “fighting real hard” to be the first to deploy 5G and reap the economic benefits that come with network leadership. He highlighted reports that the Chinese government is considering merging the number two and number three wireless players in the country to give its 5G effort a boost.
“I want to be very clear: the only way the US remains the leader in 5G is by allowing Sprint and T-Mobile to merge, because the combined company is the only US player that has the necessary spectrum assets and financial strength to build the world’s leading 5G network.”
Claure also talked up artificial intelligence (AI), predicting the technology will revolutionise industries including media, healthcare and e-commerce.
He noted new media companies that incorporate AI will “destroy” traditional media outlets which don’t adopt it, by virtue of their ability to offer customised content to consumers. Claure added AI also has the potential to transform healthcare by reducing incorrect diagnoses and offering patients personalised medications based on their genetic profile.
“Today, we get diagnosed based on symptoms. In the future, AI will predict when you’re going to get sick simply by looking at your DNA.”
Transportation is another sector that stands to gain from AI, as vehicle-to-everything communications open the ability to reduce traffic jams and accidents.
Claure concluded: “The level of innovation and disruption in the next 30 years is going to be significantly larger than what we have experienced the last 300 years…Companies that use artificial intelligence with the power of 5G to disrupt traditional industries are always going to win. Companies that don’t use AI will be left behind.”Subscribe to our daily newsletter Back