Next-generation 5G will likely have
significant impacts on the real estate industry, according to Milestone
Communications President Len Forkas. With
the tech evolution, real estate owners could see new opportunities to
generate revenue from telecom companies seeking to rent space on
rooftops and inside buildings to add infrastructure, Urban Land reported.
He also noted that building owners
may benefit from a greater number of micro-centers that need to be
placed closer to consumers in order to reduce latency. “Latency trumps
speed,” Forkas explained. “The longer the
distance, the slower the latency. I think we’re going to see more data
housed closer to where people are using it.”
Telecom companies are also
increasingly looking for locations for small cells that can be attached
to the exterior of buildings or concealed in streetlights, reported Urban Land. Continue Reading
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