4G wireless still seems relatively new. In fact, while Verizon has most of the United States covered with 4G LTE, companies such as T-Mobile are still mostly in “3.5G” or HSPA+ speeds in most of the nation. 4G, or at least the 4G to which I’m referring, is the fourth generating of wireless communication technology designed, mostly, to transfer data. New technologies are meant to be able to transfer data faster so 4G is significantly faster than 3G technology. Even as companies continue to roll out 4G technologies, 5G is already being researched. As this CNN Money article suggests, 5G should be capable of transferring data 100 times faster than the current technology. Though 5G is in its infant stages, it is exciting to see these monumental advances.

On the other hand, I wonder how wireless providers are going to handle the additional data loads. It’s natural for people to use more and more data and the current infrastructure is already being pressured. In addition, most carriers are no longer offering true unlimited high-speed data. It would be nice to be able to stream high-quality video and perform other data-intensive tasks anywhere but the data demands for this is immense.

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Joe Lan
ABOUT THE AUTHOR:

Joe Lan is a financial analyst for AAII. Joe is a graduate of Northeastern Illinois University, where he earned a bachelor's degree with a double major in accounting and finance and holds a master's degree in accounting and financial management from the Keller Graduate School of Management. Joe writes extensively for Computerized Investing and is a frequent contributor to the AAII Journal. Joe also sits on the advisory committees for the Stock Superstars Report and Dividend Investing newsletters. Lan is a holder of the right to use the Chartered Financial Analyst (CFA) designation.

1 Comment on this article. Feel free to join this conversation.

  1. Wayne Thorp
    Wayne Thorp May 2, 2014 at 7:11 am - Reply

    I’d just be happy if my wireless carrier, AT&T, could give me reliable service in Wrigleyville, Chicago, without the need for a microcell!

    The Wall Street Journal also has a nice primer on 5G: http://blogs.wsj.com/five-things/2014/03/19/5-things-you-need-to-know-about-5g/

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