The wireless network market is crowded with companies vying to take the most piece of the action. In order to do so, these companies need to introduce something new to attract the attention of consumers. AT&T recently announced that it is planning to test 5G network this year. The company said that it is planning to launch a field test of its 5G network in Austin, Texas before the end of the year.

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To put this in perspective, the 5G technology, in theory, will be 10 to 100 times faster than the current average 4G Internet speed.

In a statement, AT&T chief strategy officer John Donovan said, "New experiences like virtual reality, self-driving cars, robotics, smart cities and more are about to test networks like never before. 5G will help make them a reality."

AT&T is not the only company that is investing in the 5G network. One of its biggest rivals Verizon announced last year that it is planning to roll out its 5G network by 2017. Verizon announced this despite the fact that industry experts' estimate that 5G will not be fully operational until 2018.

Experts claim that due to the lack of 5G network infrastructure and standard account for the implementation of the technology.

On the other hand, AT&T is positive that its network willb e ready once 5G becomes the industry standard. The company recently revealed its 5G roadmap and its future plans regarding the technology. Currently, AT&T is working with Intel and Ericsson and plans to test its 5G network technology in a lab this spring.

AT&T claims that aside from break-neck browsing speeds, a fully functional 5G network will also reduce latency - the delay time from executing a command to receiving a response.

TagsAT&T, verizon, 5G, 5G Network, AT&T 5G, Verizon 5G