Displaying items by tag: 5G subscriptions

The total telecom and pay-TV services revenue in Singapore is expected to decline at a compounded annual growth rate (CAGR) of 0.4% over the forecast period 2024-2029, with a steady decline in revenue contributions from fixed voice, pay-TV, and mobile voice segments outweighing revenue growth in mobile broadband and fixed broadband segments, according to a new report from one global analytics company.

The total mobile service revenue in Australia is poised to increase at a compound annual growth rate (CAGR) of 4.5% from $8.7 billion in 2023 to $10.8 billion in 2028, supported by growth in mobile data service revenues, according to data and analytics company GlobalData.

The 5G service has been gaining strong ground in the Asia-Pacific (APAC) region, with its subscriptions expected to increase at an impressive compound annual growth rate (CAGR) of 25.5% over the forecast period of 2021-2026, according to GlobalData.

An extra 400 million enhanced mobile broadband subscriptions globally by the end of 2024 has been forecast by Ericsson in the wake of “rapid early momentum and enthusiasm” for 5G.

Global telecommunications giant Ericsson is increasing its investment in the US to support the accelerated build out of its 5G services in the North American market.