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Huawei Hu Houyi: 5G consumer-oriented business is still the revenue growth engine of operators

2025-01-19 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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Thanks to CTOnews.com netizens allihave, Lee_Min, amocken, Xiao Zhancai, soft media user 1520111, West window old story, soft media new friend 1984342, soft media new friend 1933769, Piankesuohuang 4100 eyes, soft media new friend 1990873, stone, scissors paper, Thorn_Flower, Mr. Aviation, Yuer Xiao, Blue Sun, LexPan clue delivery! CTOnews.com, October 11, 2023 Global Mobile Broadband Forum is the 14th Global Mobile Broadband Forum held by Huawei in Dubai, United Arab Emirates, on October 10-11, 2023, with the theme "bringing 5G-An into reality".

▲ Hu Houyi and Mats Granryd spoke online at the MBBF forum, Picture Source: Huawei official at this forum, Huawei rotating Chairman Hu Houyi said that 5G consumer-oriented business is still the engine of operator income growth, new consumer behavior represented by video applications has been formed, 5G has become the main carrier of mobile network traffic, traffic management has formed a business cycle.

He pointed out that compared with 4G, 5G network traffic has increased by an average of three to five times, and at the same time, one of the biggest changes between 5G and 4G is helping mobile communication networks expand into the industry market.

According to reports, more than 260 5G networks have been deployed worldwide, covering nearly half of the population. CTOnews.com noted that 5G is the fastest growing of all intergenerational technologies. 4G has grown 1 billion users in six years, while 5G has reached this milestone in just three years.

Mats Granryd, director general of GSMA (Global Association for Mobile Communication Systems), said that there are more than 50,000 applications in the global 5G industry and more than 10 million industry connections. By 2030, 5G technology will add nearly $1 trillion in value to the global economy, benefiting all industries.

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