Li Peng said Huawei global 5G users exceeds 1.5 billion at the 5G Beyond Growth Summit

Huawei Growth

During the Mobile World Congress (MWC) conference which opened today, Huawei held a “5G Beyond Growth Summit” event. Li Peng, Huawei’s senior vice president and president of ICT sales and services, attended and delivered a speech. He first shared with everyone the commercial success achieved by operators in the 5G era. He said

“In the five years since its commercial launch, the number of global 5G users has exceeded 1.5 billion, which is equivalent to the development results of nine years of 4G. At the same time, 5G accounts for 20% of global mobile users, contributing 30% of mobile traffic and 40% of mobile business revenue.”

Mr Peng also pointed out that “2024 is the first year of 5G-A commercialization. Combined with the development of cloud and AI technology, operators have huge potential for commercial growth.” To this end, Li Peng pointed out that global operators can seize strategic opportunities in four aspects.

Huawei 5G

Li Peng speaks on Huawei 5G

Li Peng said that high-quality networks are the basis for commercial success. Global operators are exploring multi-dimensional experience monetization methods. Currently, more than 20% of 5G operators use the rate billing model. For example, Thai operators have released a 5G hotspot acceleration package that can support users to order time-sharing on demand, ARPU increases by approximately 23%.

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He also mentioned that Chinese operators have launched an uplink experience guarantee package for network anchors to make the live broadcast experience more high-definition and smoother. This package has been welcomed by anchors, and the ARPU value has increased by more than 70%. New services such as new consumer calls, cloud phones and naked-eye 3D are becoming increasingly popular. New call users are happy to use value-added functions such as “personal avatar”. They are also more willing to pay for real-time experiences such as “one-stop car insurance claims”.

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In conclusion, Huawei’s “5G Beyond Growth Summit” event at the Mobile World Congress showcased the significant achievements and future prospects of 5G technology in the global telecommunications landscape. Li Peng, Huawei’s senior vice president, highlighted the exponential growth of 5G users worldwide, surpassing 1.5 billion within just five years of commercial launch. He emphasized the pivotal role of 5G in driving mobile traffic and revenue, with 5G contributing 30% of mobile traffic and 40% of mobile business revenue globally.

Looking ahead to 2024, Li Peng identified it as the inaugural year of 5G-A commercialization, signalling the immense potential for operators when combined with advancements in cloud and AI technologies. He outlined strategic opportunities for global operators, emphasizing the importance of high-quality networks as the foundation for commercial success.

Furthermore, Li Peng underscored the significance of multi-dimensional experience monetization methods adopted by operators worldwide. Examples from Thai and Chinese operators demonstrated innovative approaches to enhance user experiences and drive revenue growth, such as rate billing models, tailored packages for network anchors, and the introduction of new services like cloud phones and naked-eye 3D.

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