Sweden's Ericsson will lift its forecast for 5G subscriptions globally to around 2.8 billion by 2025 from 2.6 billion seen previously, as a ...
Sweden's Ericsson will lift its forecast for 5G subscriptions globally to around 2.8 billion by 2025 from 2.6 billion seen previously, as a consequence of the coronavirus outbreak, it said on Monday.
FILE PHOTO: An Ericsson logo is pictured at Mobile World Congress in Shanghai, China June 28, 2019. REUTERS/Aly Song/File photoSTOCKHOLM: Sweden's Ericsson will lift its forecast for 5G subscriptions globally to around 2.8 billion by 2025 from 2.6 billion seen previously, as a consequence of the coronavirus outbreak, it said on Monday.
The telecoms sector has been among few to experience surging demand despite the economic uncertainty linked to the pandemic, as more people work remotely."Long-term we look at 2025 2.8 billion 5G subscriptions", Patrik Cerwall, Head of Strategic Marketing at Ericsson, told a web seminar held by the telecoms gear maker.
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