These are the issues being addressed at the Lighting Up Digital LATAM Congress by HUAWEI in Cancun, Mexico, where DINERO.COM.SV was invited as a means of finance and technology to bring the message to salvadorans.
Michael Xue, Vice President of HUAWEI for Latin America, points out that it is necessary to form alliances to bring progress to Latin Americans, reach their audiences of interest and contribute to the development of nations.
For HUAWEI it is important to take technological development hand in hand with the contribution to improve the living conditions and the environment of the population, even the technology is the one that has provided to date 100,000 direct and indirect jobs.
Lucas Galitto, GSM expert, one of the speakers this morning said that while it is true that 5G is already here, not in all countries there is an environment to be incorporated with ease and access to the entire population.
For this expert, there is a need to enable the paradigm, the 5G is a strategic asset for increasing productivity that will serve to put countries alongside other more industrialized peers.
Galitto indicates that Latin America still has a significant gap in use and demand, 97% of Latin Americans have internet coverage, but 44% of these do not have connectivity, so he indicates that 5G needs to be massified, make available the possibility of use, simplify regulation, make spectrum available, make regulation more flexible, obtain lower deployment costs.
Challenges for the economic challenge
An important fact is that the new generation, that is to say 5G, will contribute US$960 billion to the global economy by 2030, generating value in various sectors.
Carlos Lugo, from ITU Americas, indicated that 4.9 billion people are connected, but 2.9 billion are not connected and 96% of these people live in developing countries, such as many Latin American countries.
Even more worrying is that in developed countries 62% of men use the Internet, but only 57% of women use it, but in less developed places these figures drop to 17% for women and 31% for men.
For this reason, he points out that regularization, innovation and experience, modernization of spectrum management at lower costs, a new approach to network financing, and flexible financing for 5G deployment are necessary. There are still barriers such as cost limitations, environmental burdens, structuring alternatives, and there must be alliances to stay connected.
Mexico is looking for its population to have access, as they know that without speed and access, it is difficult to achieve improvements in various aspects of the population.