Telcos bet on connecting everything to recoup 5G costs
Industry association GSMA, which hosts the Mobile World Congress, sees a vast opportunity in 5G. It estimates the number of devices connected to the IoT “will triple to 25 billion by 2025, generating a fourfold rise in revenues to $1.1 trillion.” Borje Ekholm, CEO of Ericsson, said “is one use case going to finance 5G? The answer is: not really. It’s going to be a multitude of use cases that benefit from the features of 5G.”