Moving 5G network functions to a hybrid cloud environment Azure white paperMoving 5G network functions to a hybrid cloud environment 2 According to analysts, the telecommunications industry will spend over $25 billion on 5G network equipment by 2022. This level of investment intensity represents an inflection point for the industry and an ideal opportunity for mobile network operators (MNOs) to consider the significant financial benefits of shifting network investments to the cloud. Still, many MNOs are challenged by the questions of how to transition 5G network functions strategically and efficiently to a cloud ecosystem that includes multiple options across public, private, and hybrid cloud platforms. While the 3rd Generation Partnership Project (3GPP) has defined 5G networ

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