India will have over 150 mn 5G users by 2024, 2G count falling: Report

India will have more than 150 million 5G subscribers by 2024 as the numbers will jump in the second half of this year, telecom gear maker Nokia has projected.

Currently, India has more than 20 million 5G customers, according to latest estimates since the service was launched last October last year. Reliance Jio, according to sources, is already looking at having 100 million 5G customers by the end of FY24: if it manages this target, then the Nokia number of 150 million could well be surpassed. The country will also have a combined 4G and 5G subscriber base of 990 million by 2024.

The figures are from a report by Nokia, The India Mobile Broadband Index report for 2023, released on Thursday, based on research conducted by Omdia.