Verizon banks on affordable 5G private networks

The US-based wireless service provider Verizon is optimistic about fifth-generation or 5G-centric private networks, and said that the company allows flexibility to enterprises to deploy their own private 5G network or outsource it to a telecom service operator while deploying it affordability for small businesses are on the horizon. Recently, a French technology company Capgemini said that enterprises owning 5G spectrum would have a better control over their business strategies and added that the telecom service providers would play a role for private enterprise networks since managing networks are not core competencies for enterprises.