Communications Service Providers

The rapid rollout of 5G technology has marked a historic milestone in the evolution of mobile connectivity. According to research firm Omdia, 5G subscriptions surged from 1.4 billion in the middle of 2023 to a projected 8 billion by 2028, representing a compound annual growth rate (CAGR) of roughly 40%. Despite this impressive uptake, Omdia’s data also reveals that overall mobile revenue is growing at a modest rate of about 2%, and average revenue per…