Thu, 12-Mar 2026

Search news articles
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics
  • Kenya Business NewsAfrican Business NewsGlobal News
  • Press Releases
  • Shows
  • Best Places to Work 2026
Subscribe
Events
Subscribe
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics

    Contact Us

    Media Queries & Partnerships:[email protected]

    About Us

    We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe.

    Disclaimer

    The information contained in this website is for general information purposes only.
    © 2026 Wallstreet Africa Technologies LTD.. All Rights Reserved.
    1.0.32

    Sub-Sahara Africa to hit 70 million 5G Subscriptions by 2026-Ericsson

    Jackson
    By Jackson Okoth
    - July 07, 2021
    - July 07, 2021
    African Wall Street
    Sub-Sahara Africa to hit 70 million 5G Subscriptions by 2026-Ericsson

    Ericsson, a Swedish multinational networking and telecommunications company, forecasts that 5G mobile subscriptions will hit 70 Million in Sub-Sahara Africa by 2026. This is according to the latest Ericsson Mobility Report for June 2021

    According to Todd Ashton, the firm’s Vice President and in charge of South and East Africa, Sub-Sahara Africa will experience sustained growth in mobile broadband, driven by its youthful population, affordable smartphone devices and improved coverage.

    He projects that by 2025, online activities will increase, leading to increased economic growth and more an acceleration in Africa’s digital inclusion.

    Ericsson recently unveiled two reports that feature data on 5G in Sub-Saharan Africa and around the world.

    The report says Mobile phone penetration in Sub-Saharan Africa is projected to hit 76 per cent over the next five years.

    The Global Telecom Market Report (GTM) says consumers in Africa will increase the time they spend online by 10 hours a week by 2025. It says due to the COVID-19 pandemic, online activities such as education shopping have been on the rise. These activities are expected to remain high even after the pandemic has passed.

    Ericsson says that although COVID-19 has caused significant uncertainties, more than 160 service providers have launched the new network during this period.

    The Swedish company, headquartered in Stockholm, has about 140 commercial network agreements or contracts and more than 80 live networks.

    ALSO READ: Safaricom Teams with Nokia & Huawei To Launch 5G Network

    ATU, Ericsson Finalize Plans to Usher in The Age of 5G in Africa

    .

    The Kenyan Wall Street

    We are a leading integrated digital content platform providing in-depth business and financial news across Africa & the globeSubscribe
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    Your edge in markets, powered by AI

    Explore cutting-edge insights with our AI assistant, delivering real-time analysis, personalized news, and in-depth answers at your fingertips.

    Sign Up

    Show me today’s top trades

    Explain the market in simple terms

    What’s my next smart move?

    Report Issue

    Wall Street Africa Business Intelligence

    Access exclusive news, expert analysis, and tools designed to give investors an edge.

    Fixed Income

    Real-time bond pricing with instant calculations, auction data, yield curves, and trend analysis for Africa’s fixed-income markets.

    Local and Global Insights

    Unique perspective with a blend of local and global news and analysis, tailored for African investors.

    Real-Time Economic Indicators

    Monitor inflation, currency movements, and other key economic indicators for African countries.

    Interactive Data for Local Markets

    Visualize trends and compare markets across Africa with interactive charts and tools.
    Wallstreet Africa
    Wallstreet Africa
    Wallstreet Africa