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Ericsson increases 5G forecast despite uncertainty

May 12, 2020


Ericsson has increased its 5G forecast despite the ongoing uncertainty caused by the Coronavirus outbreak, predicting there will be 2.8 billion connections by 2025 – 200 million more than previously estimated.

Last month, the Swedish telecoms giant told investors the impact of Covid-19 had thus far been minimal.

Its 5G kit is currently used in 29 commercial networks around the world, boosted by Huawei’s exclusion from the US, a major contract win in China, and regulatory approval for the T-Mobile-Sprint merger.

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