Key Points
The interesting thing is we see an adoption of 5G happening in India."Borje.
The demand slowdown in India in 2024 was expected as telcos had rapidly rolled out and expanded 5G last year, said Borje Ekholm, chief executive of Swedish telecom gear maker Ericsson..
From a global perspective, we knew that India had an unprecedented pace of build-up last year and it was expected that it would come down this year..
I am optimistic that the development we're seeing now happening in India, and other countries, supports that we're still relatively early in the roll out of 5G...
Then we're going to see factory automation, enterprise digitalisation, all of these use cases that will create a healthier industry growth, that's going to take a couple of years..