Ericsson Sees 1 Billion 5G Subscriptions by 2023
November 28 2017 - 5:17AM
Dow Jones News
By Dominic Chopping
STOCKHOLM--Ericsson AB (ERIC) expects that there will be one
billion fifth-generation subscriptions for enhanced mobile
broadband by 2023, it said Tuesday.
In the latest edition of its mobility report, the
telecommunications-equipment company anticipates that
fifth-generation, or 5G, networks will first be deployed in dense
urban areas, covering more than 20% of the world's population by
the end of 2023.
The first commercial networks based on 5G New Radio are set to
go live in 2019, with major deployments from 2020, Ericsson
expects. Early 5G deployments are foreseen in several markets,
including the U.S., South Korea, Japan and China, it added.
5G mobile networks are the next generation of wireless systems
that will bring faster data speeds and greater capacity that will
allow the use of many more devices than the current 4G
networks.
The 5G networks will also enable the expansion of the Internet
of Things, allowing devices like household appliances, cars and
industrial applications to connect to the internet.
Write to Dominic Chopping at dominic.chopping@wsj.com;
@domchopping, @WSJNordics
(END) Dow Jones Newswires
November 28, 2017 05:02 ET (10:02 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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