Long-term we look at 2025, 2.8 billion 5G subscriptions, says Patrik Cerwall, head of strategic marketing at Ericsson STOCKHOLM: Swedish telecom equipment maker Ericsson said on Monday it 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 novel coronavirus pandemic.
The telecoms sector has been among few industries to experience a surge in demand despite the economic uncertainty linked to the pandemic, a result of more people work remotely from home to avoid contagion and adhere to lockdown rules.
Patrik Cerwall, head of strategic marketing at Ericsson, said that the 2020 forecast would also be raised, but gave no further detail. "Long-term we look at