5G: A Revolution on the Verge – Are Telcos Ready to Cash In?

The journey of 5G technology has been nothing short of extraordinary. From its groundbreaking launches to its rapid adoption, the latest Ericsson Mobility Report paints a picture of exponential growth and potential. By the end of this year, 5G subscriptions are projected to reach 2.3 billion, accounting for more than a quarter of all cellular connections globally. And by 2030, that number is expected to skyrocket to 6.3 billion – a transformation clearly visible in the chart below:

While the numbers are inspiring, they also unveil a challenging paradox: 5G has revolutionized connectivity, but telcos are still grappling with how to turn this technological leap into financial gains.