Nowadays, Turkey is preoccupied with a discussion over whether developing countries, such as Turkey, should skip 4G technology and directly switch to 5G from 3G in mobile communication. Actually, this is a discussion about the strategy of a transition to a knowledge society. Today, the world economy is on the verge of a rapid switch to information technologies-based economies of scope. The proportion of mobile Internet in the consumer surplus-based world Gross Domestic Product (GDP) will be 10.8 percent in 2025, and the proportion of advanced oil and gas exploration and recovery economy will drop by 0.5 percent. When information technologies-based economy is added to this, the proportion exceeds 25 percent. This is a great revolution and if developing countries can achieve it, we will be facing the greatest political revolution process that humanity will see since the French Revolution in 1789. Austrian-American economist Fritz Matchlup introduced the concept of the knowledge industry and categorized the knowledge sector under five topics as follows: education, research and development, mass media, information technologies and information services. It was recorded that these categories constituted 29 percent of the U.S.'s national income in 1959. The Organization for Economic Co-operation and Development (OECD) found in its studies in 1981 and 1986 that the knowledge economy exceeded 50 percent of total national income and more than half of the total labor force was engaged in this sector. According to a study conducted in South Korea, during the 10-year period between 1990 and 2000, the country's GDP soared by 96 percent and its knowledge-based economy sector grew by 124 percent, while the growth of other sectors remained at 67 percent. The knowledge-based economic sectors have become the driving force behind South Korea's economy, which is one of the fastest growing economies in the world and takes the lead in technological production. Today, as far as the potential of mobile Internet, cloud technology and the Internet of Things (IoT) are concerned, their share in the global market is much greater than the export potential of Turkish industry. The resolution to introduce 5G technology is mainly significant for economic and technological progress, as well as for the development of qualified human resource and employment. Today, it can be suggested that the ecosystem of communication technologies roughly consists of a core network, a base station infrastructure and a telephone network. In Turkey, there is an oligopoly market structure in all these three fields and Turkey is a foreign-dependent country in technology. Although Turkey has taken steps to create base stations by introducing projects such as the ULAK project, it has failed to take the necessary steps in chip technology. The main reason for this is that those who want to produce new technology inside the country are hampered and that the West's outdated technology is still imposed on us. Developing countries have the opportunity to overcome this oligopoly market. However, this cannot be achieved if they think that they cannot skip directly to 5G and that they must climb the technological ladder one by one. Turkey should look at China's achievements in this field and the means of regulations that it uses. If we switch from 3G to 4G at this stage, the market will go beyond being an oligopoly market and it will head toward a monopolistic one. Even in the current situation, consumers pay high transaction fees for technology in Turkey. For instance, when a Turkish telephone user goes abroad, he pays a call fee that is almost equal to the cost of his flight ticket because of the monopolistic situation in technology. Now, it is time for public sector to be regulatory. At the moment, the EU and the U.K. are making significant investments in 5G technological infrastructure. It is estimated that only in Germany, 980,000 people will be offered employment opportunities with an investment of 170.9 billion euros that will be made in broadband communications between 2010 and 2020. Turkey will not fall behind this, just as it kept up with Europe's transition to an industrial society. It will make its own decision to transit to a knowledge society and will determine the strategy of this transition in line with its own interests. South Korea serves as a significant and successful example in this regard. Today, there is an important historical opportunity for developing countries on their way to switch to a knowledge society. As Andre Gunder Frank suggests, this time the east of the world can get on the train on time.