Adopting 5G is a ‘matter of survival’ for telcos: Ericsson

Mumbai, May 3 () Even as domestic telcos struggle to come out of their deep financial troubles, Swedish telecom equipment-maker Ericsson said it is a “matter of survival” for them to embrace 5G.

The domestic telecom industry is still reeling under financial woes inflicted on them by the entry of the deep- pocketed newcomer Reliance Jio’s aggressive play and analysts are divided over when can a revival happen.

A senior official from Ericsson acknowledged that the lowest average revenue per user generated by the domestic telcos is the “real challenge”.