Ericsson raises forecasts for 5G subscriptions due to pandemic
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STOCKHOLM (Reuters) - Swedish telecom equipment maker Ericsson said on Monday it will lift its forecast for 5G subscriptions globally to around 2.8 billion by 2025 from 2.6 billion seen previously as a consequence of the novel coronavirus pandemic.The telecoms sector has been among few industries to experience a surge in demand despite the economic uncertainty linked to the pandemic, a result of more people work remotely from home to avoid contagion and adhere to lockdown rules.Patrik Cerwall,..