Abstract:In order to address the need for more capacity and coverage in the 5th generation (5G) of wireless networks, ultra-dense wireless networks are introduced which mainly consist of indoor small cells. This new architecture has paved the way for the advent of a new concept called Micro Operator. A micro operator is an entity that provides connections and local 5G services to the customers and relies on local frequency resources. We discuss business models of micro operators in a 5G coopetitive environment and develop a framework to indicate the business model canvas (BMC) of this new concept. Providing BMC for new businesses is a strategic approach to offer value to customers. In this research study, BMC and its elements are introduced and explained for 5G micro operators.