5G rollout faster than expected; will reach a billion people this year

By Ben Lovejoy

Swedish networking giant Ericsson has reported that the 5G rollout is progressing faster than expected and that around a billion people worldwide will have coverage by the end of this year.

Ericsson cites three main factors for the accelerated rollout.

First, the availability of low-cost smartphones with 5G capabilities. Some models cost as little as $2-300.

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