Indonesia: 5G predicted to add over 8 billion USD to telecom revenue by 2030

The 5G services can help telecommunications operators in Indonesia increase their revenue by 35 percent, or 8.2 billion USD, by 2030, a recent study shows.
Indonesia: 5G predicted to add over 8 billion USD to telecom revenue by 2030 ảnh 1Illustrative photo (Source: VNA)

Jakarta (VNA) – The 5G services can help telecommunications operators in Indonesia increase their revenue by 35 percent, or 8.2 billion USD, by 2030, a recent study shows.

The November 2020 edition of the Ericsson Mobility Report said that telecommunications providers can gain the most benefits from offering business-to-business (B2B) 5G solutions for manufacturing firms, energy providers and utilities as well as media and entertainment companies.

Indonesia is seeking to accelerate its 5G spectrum allocations by properly allocating spectra that meet the demand for the 2,047-megahertz frequency spectrum necessary for both 4G and 5G by 2024. The country has also run at least 10 trials on the use of 5G between 2017 and 2019.

Ericsson Indonesia Network Solutions head Ronni Nurmal said during an online press briefing that in the 5G-enabled digital consumer services, revenue would be driven by enhanced video and high-definition music, which would make up 56 percent and 23 percent of total consumer-facing revenue, respectively.

Other potential segments include consumer internet of things (IoT) applications, cloud gaming, mobile games and live sport, he said.

Local telecom operators were ready to deploy 5G and the industry is waiting for the government to make the spectrum available to roll out the technology within the next one to two years, Ericsson Indonesia country head Jerry Soper said during the same event./.
VNA

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