Mr. Börje Ekholm

President & CEO

Ericsson

Mr. Börje Ekholm, the PresidentCEO of Ericsson shares his view on 5G innovative technologyindustrial market from network quality, innovation, 5G for consumersenterprises. The key reason for leading operators’ success is that they have been seeking differentiation. Network quality is an important part of any strategy for any operators,the quality mobile connectivity will become even more important in the 5G era. Mr. Ekholm said, we will not be able to define the killer app for 5G. The killer app will be clear once the infrastructure has been built out,that will create multiples of value, compared to the infrastructure itself. For customers, Ericsson forecasts 190 million subscribers of 5G by end of 20202.8 billion by end of 2025. Consumers are willing to pay a 20% price premium on 5G. But this willingness is dependent on two factors: the first is consumer experience in the network. The other factor is that 5G subscriptions must be bundled with new use cases that are unique to 5G. For enterprises, Ericsson estimates that industry digitalization will generate an estimated 700 billion USD of addressable market opportunity for the operators by 2030. Operators need to expand beyond traditional mobile network services for 5G-enabled revenues. For example, the evolution of cellular IoTprivate networks are crucial in establishing momentum for 5G-enabled business.