Collaborations and investments to widen the application scope of private LTE

The implementation of private LTE services across different platforms to improve connectivity and overcome challenges is in full swing worldwide. Tech companies have been adopting various strategies such as collaborations with the local governments to implement their services and explore the potential in applications such as smart grids and mining. Governments launched various initiatives to accelerate the deployment of private LTE services and improve connectivity. Under such initiatives, they have been offering funding to private players to speed up the deployment of technical architecture and eliminate commercial barriers. The implementation of private LTE is expected to increase, and the unlimited potential of this technology would be explored in the next few years. According to the report published by Allied Market Research, the global private LTE market is estimated to reach $10.64 billion by 2027. Following are some of the activities taking place across the globe.

Market players have been collaborating with government authorities for testing capabilities of their networks and unlock the potential. Nokia, one of the leading tech companies, provided a private 4.9G/LTE wireless network services to the Western Power Distribution (WDP) in the U.K. The network is expected to be utilized for supervisory control and data acquisition (SCADA) testing and other applications such as video, voice, and data services. The testing for WPD’s ‘LTE Connecting Futures’ trial took place for smart grid. Nokia provided 4.9G/LTE core, radio equipment, and user equipment for the research trial.

Phil Rigden, the Telecoms Manager at WPD, highlighted that it worked closely with Nokia despite the challenges occurred during the Covid-19 pandemic. The collaboration led to utilizing capabilities of private 4.9G/LTE wireless solution for supporting its smart grid operations. The research trial gave important insights and highlighted the capabilities of 4.9G/LTE and 5G for powering the grid. The private LTE networks will be utilized for various grid applications in the future.

Raising funding necessary for achieving different objectives would give market players an edge over their competitive. Moreover, the funding can be a useful resource to test capabilities of their LTE networks and open up a new avenue in the sector. Governments have been granting funding to communication providers for implementation of underground 5G LTE. On the basis of the 5G Innovation Initiative grant, Aqura Technologies received the funding of $1.93 million. The funding will help Aqura in overcoming the commercial and technical barriers regarding implementation of next-gen broadband wireless networks in underground landscape.

The grant is expected to accelerate the implementation of wireless communication and help underground operators. It would complement the investment made by Aqura in installation of a private LTE network in an operational mine. An underground 5G network would help mining operators in reaping benefits of connectivity that operators on surface were enjoying. With surge in underground mining operations in Australia, there is a wide scope of application for private LTE and Aqura would speed up its delivery of technical architecture with the funding. The widening scope of application of private LTE would increase the overall market revenue in the coming years.

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