5G mobile carriers leverage on Apple’s Keynote event

Apple shares have been stagnant since the launch of the new iPhone 12 series, but they can aim for a longer-term uptrend driven by the 5G race. Last Tuesday, Apple launched its first smartphones that can operate on 5G networks, thus joining rival Samsung. All devices from the new series, including the basic, Mini, Pro, and Pro Max models will support 5G, which is regarded as the fastest mobile communication technology ever. Still, this perk cannot impress today, as the new phones require a 5G infrastructure in order to demonstrate its full capacity. This is a great opportunity for mobile carriers and other companies related to the 5G race, as the new market is expected to grow tenfold in the US and the EU within the next 8 years, on track to become the fastest-deployed mobile communication technology in history.