The 5G-enabled economy could boost global GDP by up to US$2 trillion by 2030, according to the McKinsey Global Institute. Industries likely to see large returns from efficiency and productivity gains through faster connectivity include healthcare, manufacturing, retail, and mobility, to name a few. Similarly, 5G technology would boost efficiency gains in global smart city initiatives, providing greater information and analytical power to public officials and facilitating remote learning and working. How can companies and governments benefit from 5G adoption in their business models? How can regulators balance the benefits of faster connectivity with data security, privacy, and ownership?