Ericsson sees 190 million 5G subscriptions by year-end

In 2025,5G networks will carry nearly half of the world’s mobile data traffic, Ericsson forecast.

STOCKHOLM: Sweden’s Ericsson has almost doubled its global forecast for 5G mobile subscriptions to 190 million by the end of this year, due to faster than expected uptake in China.

The telecoms equipment maker, which had previously forecast 100 million subscriptions by the end of 2020, said it had made small downward adjustments for other parts of the world due to the coronavirus pandemic.