5G is forecast to reach 55% of the total mobile connections in Latin America by 2030, up from a current penetration of around 5%, according to a recent report by telecom association GSMA.
By 2025, 5G technology will account for 14% of the region’s overall mobile connections, according to the GSMA report.
The report also revealed that the region will have a total of 425 million subscribers in the 5G segment by the end of the decade.