CNBC November 25, 2019
Swedish telecoms giant Ericsson predicted that superfast 5G internet will cover up to 65% of the world’s population by the end of 2025.
In a report published Monday, the company — which is just one supplier of 5G infrastructure and equipment — said 5G would handle 45% of global mobile data traffic within six years.
The number of 5G mobile contracts around the world will top 2.6 billion by the mid-2020s, Ericsson said, with consumers expected to increase their average monthly consumption of mobile data from 7.2 GB to 24 GB.
China switched on its 5G networks ahead of schedule earlier this month, with China Telecom, China Unicom and China Mobile all offering 5G mobile plans. The country’s government is...
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