A snapshot of the mobile industry shows a tremendous, rapidly growing appetite for data. Over the past year, there has been a 68% increase in mobile data traffic usage across the globe, according to the most recent Ericsson Mobility Report.
This increase in mobile data traffic is expected to grow in the coming years, coinciding with increased adoption of 5G and continued expansion of 4G coverage. By the end of 2025, Ericsson expects 5G to have 2.6 billion subscriptions, covering up to 65% of the world’s population and generating 45% of the world’s total mobile data traffic. It will be the fastest developing mobile communication technology to have ever been rolled out on a global scale.
Toople PLC (LON:TOOP) offers business broadband, fiber, Ethernet first mile and Ethernet data, business mobile phones, cloud PBX and SIP Trunking, and traditional services. Toople works with the big players in the market such as Vodafone & BT.