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Global 5G users exceeds 700 million: Huawei chairman

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5G is a revolutionary technology, as it’s helping various fields in the industry to gain momentum and pace up daily tasks. As the latest revealing got us amazed that 5G has achieved over 700 million users worldwide.

During the 2022 Global Mobile Broadband Forum, Huawei‘s rotating chairman Ken Hu delivered a keynote speech on 5G. He revealed how 5G has progressed so far as well as the challenges that lie ahead.

As of October 2022, more than 230 carriers around the world have launched commercial 5G services. In total, the industry has set up over three million 5G base stations, serving more than 700 million subscribers.

As compared to 4G, the user experience of 5G has been greatly improved. This has doubled the Internet traffic (DOU) and increased ARPU by 20% to 40%, driving the steady growth of operators’ connection revenue.

“5G has grown faster than any previous generation of mobile technology,” began Hu. “In just three years, we’ve seen solid progress in network deployment, consumer services, and industrial applications.”

Simultaneously, 5G industry-oriented applications are opening new ways of growth for operators’ revenue in the fields of oil and gas, manufacturing, transportation, and more.

Meanwhile, new applications driven by 5G have emerged in many markets around the world. These applications not only bring about business innovation but also begin to bring actual business value to operators.

For example, in 2021, Chinese carriers brought in over CNY3.4 billion (roughly USD500 million) in new revenue from more than 3,000 industrial 5G projects. What’s more, these projects also generated 10 times that amount from related data and integrated ICT services.

5.5G is the next upgrade for 5G network and Huawei is working with industry partners to promote this upcoming network access.

5.5G has its own advantages including 10 Gbps downlink, 1 Gbps uplink, support for 100 billion connections, and native intelligence.

“I hope the industry will work together to promote the definition of 5.5G standards, spectrum acquisition and industrial chain construction,” said Ken Hu.

(source – huawei)

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