mobile world live Ericsson raises its 5G user forecast, KT reorganizes its R&D team, and Project Kuiper chooses AWS infrastructure to bring you this week’s top three picks.
Ericsson raises 2023 5G forecast by 100 million
what happened: Ericsson raised its forecast for global 5G subscribers to 1.6 billion by the end of 2023, estimating a total increase of 610 million, an increase of 63% year-on-year.
why is it important: The Swedish vendor raised its previous forecast by about 100 million. This means that by the end of 2023, one in every five mobile contracts in the world will be 5G, and this technology will cover 45% of the world’s population. North America leads the way with 61 percent penetration, while India is expected to gain 160 million 5G subscribers in about 14 months after launch.
KT establishes integrated R&D unit
what happened: South Korean carrier KT has merged its IT and R&D groups to create a technology innovation division as part of a broader organizational restructuring and executive changes.
why is it important:The company took bold steps to transform itself into an ICT services specialist. New CEO Kim Yong-seop brought in a new CTO in the R&D department, promoted Park Hyo-il, head of customer strategy, to CSO, and dismantled digital transformation. Create a convergence department and AI unit and establish a governance framework.
Project Kuiper and AWS create private network connectivity
what happened: Amazon-owned Project Kuiper announced plans to partner with Amazon Web Services to provide private networking capabilities.
why is it important: Access to AWS infrastructure allows Project Kuiper customers to move their data to any cloud region around the world. The satellite service provider also signed agreements with three Japanese NTT companies and Sky Perfect JSAT to provide broadband services to businesses and government sectors.