SoftBank Corp. ("SoftBank") and KDDI Corporation ("KDDI") today announced they have reached an agreement on the mutual use of their base station assets to jointly promote the rapid build-out of 5G networks in Japan's rural areas. Many issues lie ahead for Japanese society, including an aging population, a shrinking workforce, depopulation in rural areas, deteriorating infrastructure and natural disasters of increased intensity. To address these issues, the Japanese government is advocating Society 5.0 and promoting initiatives to achieve it. With the spread of a super- smart society under Society 5.0, large volumes of data will need to be shared to utilize loT, big data and Al, and a rapid build-out of 5G networks is expected to help facilitate this. In particular, 5G networks are expected to help resolve Japan's regional issues by enabling remote monitoring and operation through the transmission of high-definition images. Furthermore, 5G networks can help increase productivity by facilitating data gathering and analysis, which could contribute to the revitalization of regional industries, including local companies and startups.
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