Ericsson Upgrades to 5.6B Projections for 5G Subscribers in 2029
Ericsson increased by about 300 million its projections for 5G subscribers in 2029, to 5.6 billion, based in part on a revised outlook for Africa. “We continue to see a robust uptake of 5G subscriptions worldwide, anticipating the addition of…
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nearly 600 million new 5G subscriptions in 2024,” the report said. But Ericsson warned of the need for continued deployments of 5G stand-alone networks, beyond deployments by about 50 providers so far, and “additional densification of mid-band sites.” The report said mid-band so far has been driven by “extensive deployments” in India and North America. “Although 5G population coverage is growing, 5G mid-band is only deployed in around 25 percent of all sites globally outside of mainland China,” the report said: 5G mid-band offers “a sweet spot between both coverage and capacity, while improving user experience.”