LTE just became the dominant mobile network technology last year, but the industry is already looking ahead.

Mobile network operators are projected to invest more than $1.1 trillion in their networks over the next five years, and about 80% of that will be in 5G technology, according to a new report from GSMA Intelligence. The industry is putting a lot of time and money into the next generation of wireless technology, even as LTE only became the dominant network technology last year. 2019 was the first year when LTE connections accounted for more than half of mobile connections, hitting 52%; that figure for LTE connections is projected to hit 56% by 2025.

Meanwhile, the report projects that 5G will account for 20% of global connections by 2025, with particularly strong uptake in developed Asia, North America and Europe. The report says that the needle will start to move on 5G connections beginning this year.

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Originally posted by:

Kelly Hill

www.rcrwireless.com

March 16th, 2020