  This paper proposes the characteristics a techno-economic model for 5G should
have considering both mobile network operators perspective and end users needs.
It also presents a review and classification of models in the literature based
on the characteristics of such theoretical techno-economic reference model. The
performed analysis identifies current gaps in the techno-economic modeling
literature for 5G architectures and shows it can be enhanced using agile
techno-economic models like the Universal Techno-Economic Model (UTEM) created
and developed by the author to industrialize assessment of different
technological solutions, considering all market players perspectives and
applicable to decision-making in multiple domains. This model can be used for
an effective and agile 5G techno-economic assessment, including not only
network deployment perspective but also customers and end users requirements as
well as other stakeholders to select the most adequate 5G architectural
solution considering both technical and economic feasibility. UTEM model is
currently available for all industry stakeholders under specific license of
use.
