5G Subscriptions In India To Reach 65% By 2029: Ericsson

5G subscriptions in India are projected to make up 65% of total mobile service connections by 2029, a significant increase from the current 10%, according to a report by Swedish telecom equipment manufacturer Ericsson.

It said 5G subscriptions in India reached 119 million by the end of 2023—around 10% of the total mobile services connection.

"In India, 5G subscriptions are expected to grow from 119 million at the end of 2023 (about 10% of all mobile subscriptions in the country) to about 840 million (65% of all subscriptions) by the end of 2029," the report said.

Globally, 5G is expected to account for about 60% of all mobile subscriptions by the end of 2029.

According to the report, India has made large-scale mid-band deployments, reaching over 90% population coverage by the end of 2023.

(With Inputs From PTI)