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  Business   5G is for super rich: Mark Zuckerberg

5G is for super rich: Mark Zuckerberg

REUTERS
Published : Feb 24, 2016, 6:19 am IST
Updated : Feb 24, 2016, 6:19 am IST

Facebook chief executive Mark Zuckerberg on Monday tried to extend an olive branch to mobile phone companies, on which the popular social network company increasingly relies, but which are also among

Facebook chief executive Mark Zuckerberg
 Facebook chief executive Mark Zuckerberg

Facebook chief executive Mark Zuckerberg on Monday tried to extend an olive branch to mobile phone companies, on which the popular social network company increasingly relies, but which are also among his biggest critics.

Speaking for the third straight year to an annual gathering of telecoms executives at the Mobile World Congress here, Mr Zuckerberg sought to show his company could be a valuable, if truculent, ally to the wireless industry.

Mr Zuckerberg described a new project Facebook is working on with major telecom players, including Nokia, Deutsche Telekom, SK Telecom and Intel to help rapidly build far faster mobile networks at lower costs.

But while listing the various ways Facebook was prepared to help network operators contend with spiralling consumer appetites for data, he also criticised and made more demands on the industry.

Mr Zuckerberg challenged the priorities for next-generation 5G networks, which the industry is gearing up to deliver around 2020.

Mr Zuckerberg called them “faster connections for rich people” and said the companies should make more effort to “finish the job of making sure that everyone in the world gets Internet access.”

More than 4 billion people have no access to the Internet, Mr Zuckerberg noted.

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