3GPP cellular standards group has officially adopted the term '5G' going forward. The 'Organizational Partners' have approved the new logo of 5G along with the name, which will become the forthcoming wireless standard. The new 5G logo is derived from the LTE Advanced Pro design, however forgoing the general recurrence of the 4G LTE branding.
5G wireless technology specifications are still being finalised and it is expected to be ready by late 2018. This is also when the first of the imminent phases - Phase 1 - will roll out, while the Phase 2 is due for completion in the year 2020. As we said, the definition of 5G is yet to be given by the group - however it's said to aim more on bandwidth rather than high speeds like 4G. We have already been hearing a lot about 5G to be more IoT-specific, which we can expect to kickstart the 'Internet of Things' era. "The use of the 5G logo on 3GPP specification cover sheets is intended to help the industry to identify at which point in time 5G features will appear

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