Joining the 5G bandwagon, Sprint Corporation S recently announced plans to launch commercial 5G smartphones in the market in first-half 2019 in collaboration with electronics firm Samsung. This is reportedly the third device unveiled by Sprint for its 5G network, and follows similar such announcements by rivals Verizon Communications Inc. VZ and AT&T Inc. T.
(Read more: Verizon Seeks First Mover Advantage With Samsung 5G Phones and AT&T to Play Santa Early with 5G Device Launch in U.S.)
5G is billed as the technology of the future with faster download speed and seamless transfer of data. This revolutionary technology brings to the table three new aspects for the overall improvement of the sector, namely, greater speed (to move more data), lower latency (to be more responsive) and the ability to connect a lot more devices at once (for sensors and smart devices).