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01.2024
Biz in Brief
3 Sweden invests in the bandwidth of the future
3 Sweden has gone big by investing in the bandwidth it will need to best serve its customers. It has purchased 1.2 billion SEK (>US$115 million) to secure the spectrum needed for the next 25 years of telecommunications service in the 5G era and beyond. This retains the use of the mid-band spectrum as well as the lower band spectrum for future use.
3 Sweden’s 5G Sustainability Awards bestows cash grants, technical support and business training to start-ups developing solutions that use 5G to drive social and environmental sustainability in Sweden. Winners this year included top-spot Buddywise (an AI solution to detect hazards, accidents and illness for safer workplaces), Consenz (adapting old cars with modern safety standards features), and Dronest (drones that deliver images of accidents to inbound first responders for pre-arrival preparation). The winners receive cash, start-up capital, coaching from experts at 3 Sweden, office space in 3Huset at Avicii Arena in Stockholm and technical equipment.
