Speakers and executives line up for a group photo session at the Bangkok Post Conference 2020 '5G: The Game Changer'. From left: Krisda Utamote, director of corporate communications of BMW Group Thailand; Kantapong Chanthanawan, vice president of Digital Health Transformation of Thonburi Healthcare Group; Woragarn Likhitdechasakdi, deputy chief technology officer of Carrier Network, Huawei Technologies (Thailand) Co Ltd; Abel Deng, chief executive officer, Huawei Technologies (Thailand) Co Ltd; Buddhipongse Punnakanta, Minister of Digital Economy and Society; Worachai Bhicharnchitr, vice chairman of the Board of Directors of the Bangkok Post; Vichaow Rakphongphairoj, executive vice -chairman of True Corporation Plc; Ronnachit Mahattanapreut, director and member of the executive committee of the Bangkok Post; Pratthana Leelapanang, chief consumer business officer of Advanced Info Services Plc; and Thanida Suiwatana, chief business officer of Lazada Thailand.
Photo: Varuth Hirunyatheb
Thailand's telcos are optimistic about their ongoing rollout of 5G infrastructure and its ability to ignite not just technological but also substantial social change in the country and beyond, according to representatives from the country's two largest telcos at Bangkok Post's 5G: The Game Changer conference on Thursday.
ENABLING THE REVOLUTION
Vichaow Rakphongphairoj, the executive vice-chairman of True Corporation, said 5G take-up is expected to be significantly faster than 4G in the worldwide market. By 2025, 5G subscriptions will account for around 30% of all mobile subscriptions. Moreover, China will likely have the highest number of 5G subscribers, totalling one billion.
Covid-19 has had an impact on all business sectors across the globe with market capitalisation declining sharply by around 20-30% and unemployment skyrocketing to 188 million.
Regarding Thailand, Mr Vichaow said the country is a leader in embracing 5G technology in the Asean region thanks to 5G licences auctions earlier this year and network roll-outs by major operators.
Although the Covid-19 has created new practices of working from home, social trends, analytics, e-learning and security, and health and wellness, 5G will enrich this new normal.
"5G can help forge the country's recovery through low latency, ultra-high-speed connectivity and wider bandwidth," he said.
Mr Vichaow added that 5G will help push up transformative industries for Thailand including supply chains and logistics, operation and production, product innovation, sales and marketing, and service and support.
They would have to be done through monitoring and tracking, maintenance, smart surveillance, augmented reality, connected vehicles, remote operations, and autonomous robotics.
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