Ericsson expects 500 million 5G subscriptions in India by 2027

NEW DELHI: Swedish telecom gear maker Ericsson said Tuesday it expects 5G subscriptions in India to account for 40% of mobile subscriptions – 500 million – by the end of 2027.

“Even though 5G has not been launched commercially, there is already a good foundation for 5G uptake in India,” Ericsson said in its biannual Mobility Report released Tuesday.

4G, which is dominantly driving connectivity in India will see its contribution dropping to 55% in 2027, from 68% currently. 4G subscriptions are forecast to decline annually to an estimated 700 million subscriptions in 2027 as subscribers migrate to 5G, as per the report.