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Embracing the 5G Era with Appropriate Regulation Framework

The fifth generation (5G) of communication systems is more than a generational step. It represents a fundamental transformation of the role that wireless technology plays in society. Although 5G is in process of standardization, the 5G standards are expected to be in focus of Regulation Agencies, mainly through socio-economic analysis. In emerging markets, socio-economic dimensions of wireless connectivity must be considered carefully since data will be basic asset in digital age. In this paper, we outline arising issues for different stakeholders to achieve customer centric approach that helps reshaping current model to novel architecture that support collaboration and openness. Also, we give some guidelines for digital transformation strategy in Bosnia and Herzegovina.