PR Newswire
BARCELONA, Spain, Feb. 24, 2019
Company Planning to Commit $5B for 5G to Its Customers
BARCELONA, Spain, Feb. 24, 2019 /PRNewswire/ -- MOBILE WORLD CONGRESS BCN -- In Barcelona, Cisco is showcasing how it is helping its service provider and enterprise customers adopt and drive revenue from 5G-powered services.
The 5G movement is in steep ascent. Cisco has had over 100 active engagements with global customers on 5G. 40 service providers are actively trialing and deploying Cisco 5G Now solutions. The company continues to mark major milestones in helping its customers realize the benefits of a true cloud-scale mobile internet.
Service providers face significant financing pressures as they prepare for this 5G revolution. Cisco's recent Mobile VNI Forecast shows that by 2022, the average 5G connection (22 GB/month) will generate nearly three times more traffic on the networks than the average 4G connection (8 GB/month). Service providers must expand their networks to support this growth. At the same time, they must invest in new 5G services to stay competitive. Cisco is planning to commit $5 Billion in 5G funding via Cisco financing over the next three years to help its customers succeed with their network transitions to 5G.
The company is unveiling a host of new products and solutions at its stand in Hall 3 #E330. Demonstrating innovations across its business, Cisco is ready to help its customers grow revenue, launch new services and better manage the 12 billion networked connections expected by 20221.
New Products and Solutions at MWC Barcelona
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Intent-based Networking:
Routing:
Cloud Native Packet Core:
Automation:
Security:
Wi-Fi 6
5G, Wi-Fi 6 and IoT Demonstrations
Industry Open Standards
"At Mobile World Congress Barcelona this week, we will emphasize our networking innovation across wired, Wi-Fi, LTE and 5G standards," said Jonathan Davidson, senior vice president and general manager, Service Provider Business, Cisco. "Cisco is focused on providing our customers with networking insights and assurance, as well as consistent quality of experience and security policies from enterprise to service provider domains. As technologies continue to converge, only Cisco can offer the breadth of software and hardware expertise to solve IT pain points that come with delivering cloud-native mobile networks, managed services, automation, IoT, security and data analytics."
Don't Miss the Cisco and Rakuten CEO Keynote Event
Cisco Chairman and CEO Chuck Robbins and Rakuten Chairman, President and CEO Mickey Mikitani will showcase the two companies' innovation in a shared keynote at Mobile World Congress in Barcelona on Wednesday, February 27 at 9:30 a.m, Hall 4, Auditorium 1. Keynote will be livestreamed from #MWC19.
Supporting resources
RSS Feed for Cisco: http://newsroom.cisco.com/rss-feeds
About Cisco
Cisco (NASDAQ: CSCO) is the worldwide technology leader that has been making the Internet work since 1984. Our people, products, and partners help society securely connect and seize tomorrow's digital opportunity today. Discover more at newsroom.cisco.com and follow us on Twitter at @Cisco.
Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco's trademarks can be found at www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company.
1 Cisco Mobile VNI Forecast 2017-2022
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SOURCE Cisco Systems, Inc.
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