Mr. Börje Ekholm

President & CEO

Ericsson

Mr. Börje Ekholm, President & CEO of Ericsson, addressed that as the world resets post COVID-19 pandemic, many countries announce significant plans to invest in the digital infrastructure, stakes brought by 5G transformation are high. The regions that have a first-movers advantage in 5G will gather clear advantages. He believes 5G will be the primary choice of access technology. “We believe similar dynamic will play out in 5G. It will be similar as 4G did for the consumer app economy, 5G will do for the enterprise. Countries that lead this development, they will develop a massive competitive advantage. On the other hand, countries that fall behind on rolling out the 5G technology, their economytheir competitiveness will suffer. ”