Türkiye’s 5G Rollout Projected to Add $100 Billion to Economy

Türkiye’s 5G Rollout Projected to Add $100 Billion to Economy

Türkiye’s upcoming 5G frequency tender and the nationwide expansion of 5G coverage are projected to significantly boost the country’s economy, contributing an estimated $100 billion by 2030.

The initiative is also expected to generate around 1.5 million new jobs, according to a statement made Friday by the country’s Deputy Minister of Transport and Infrastructure, The Caspian Post reports, citing Anadolu.

"The Grand National Assembly of Türkiye (TBMM)'s entry into the new legislative year with 5G technology is a concrete demonstration of our determination in our digital transformation journey," Omer Fatih Sayan wrote on Turkish social media platform NSosyal.

He said that this pilot application, which began under the umbrella of the parliament, is a pioneer of the vision of high-speed connection aimed for the entire country.

"This step is not only a technological advancement, but also one of the most important supporters of the National Technology Movement and the Century of Türkiye," Sayan said.

He stated that their primary goal for every member of the Turkish nation is to benefit from the economic prosperity, increased security, quality health care, and education opportunities that this high-speed connection will bring.

"We will continue to build Türkiye's digital future in a secure and transparent manner, adhering to established national standards and with unwavering determination," he added.

The country is planning to fully implement 5G technology, ushering in transformative changes across multiple sectors as of next April.

Türkiye’s mobile journey began with 1G in 1991, followed by 2G in 1994, 3G in 2009, and 4.5G in 2016. Preparations for 5G started in 2019 and have now reached their final stage.

The minimum frequency values for the 5G rollout were officially published this August. The minimum frequency value for a total of 11 frequency packages was set at $2.1 billion.

The 5G tender announcement prepared by Türkiye’s Information and Communications Technologies Authority (BTK) was published on Aug. 31 following a presidential decree.

Test deployments of 5G have already been conducted in key locations, including the stadiums of Türkiye’s top four football clubs, IGA Istanbul Airport, TBMM, and roughly 30 other facilities across the country.

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Türkiye’s upcoming 5G frequency tender and the nationwide expansion of 5G coverage are projected to significantly boost the country’s economy, contributing an estimated $100 billion by 2030.