At CTIA Super Mobility 2016, the entire expo floor was transformed into a fully connected smart city with the entire wireless ecosystem assembled under one roof. On the Thursday keynote stage, Verizon Communications’ John Stratton and New Cities Foundation Founder and Chairman John Rossant explained what needs to happen to make smart cities a reality.
Rossant said $50 trillion to $60 trillion will need to be invested globally over the next 15 years on upgraded infrastructure for smart cities, and the industry has to come up with new, innovative models for financing these big infrastructure projects for them to move forward quickly and efficiently.
