Ericsson has once again raised its year-end estimate for global 5G subscriptions to 220 million, while predicting that more than 1 billion people will have access to next-generation coverage over the same period. The company foresees that four out of ten mobile subscribers will be using 5G services by 2026. In their November 2020 Mobility Report, Ericsson predicted real 5G traction, as well as the progress in the deployment of new features in network and device areas, regardless of the concerns caused by the Covid-19 pandemic. Ericsson believes that 15% of the world’s population, or more than 1 billion people, will live in an area with 5G coverage by the end of 2020. They expect that number to grow to 60% or 3.5 billion consumers by 2026. Ericsson has also added another 30 million to the end-of-year estimate of the number of 5G subscribers, having previously announced the…
Two Japanese telecommunications providers, SoftBank and KDDI, have drawn up a plan to invest a total of $38 billion in fifth-generation wireless networks in Japan over the next 10 years. The country is seeking to close the gap between itself and its neighbors, China and South Korea, who have taken the lead in rolling out this ultra-fast technology. The 5G technology is expected to provide a large-scale boost to the country’s economy, benefiting a variety of industries, from Internet services to the automotive industry. Currently, 5G coverage across Japan remains very limited, mainly focused on Tokyo and other major population centers. Both operators plan to invest $19 billion each. For Japan’s 5G network, SoftBank plans to build 350,00 base stations nationwide, of which 50,000 are expected to be completed by March of 2022, and 200,000 more by 2025. Meanwhile, KDDI, which currently has less than 10,000 base stations,…