Business

5G to raise Indonesian telcos’ revenue by US$8 bil by 2030

Country seeking to accelerate 5G spectrum allocations to meet demand

Updated 5 years ago · Published on 14 Dec 2020 10:10PM

5G to raise Indonesian telcos’ revenue by US$8 bil by 2030
Indonesia has run at least 10 trials on the use of 5G between 2017 and 2019. – The Vibes file pic, December 14, 2020

JAKARTA – 5G services will help telecommunications operators in Indonesia increase their revenue by 35%, or US$8.2 billion, by 2030, the Vietnam News Agency (VNA) reported, citing a recent study.

Last month's 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, in the 5G-enabled digital consumer services, revenue would be driven by enhanced video and high-definition music, which would make up 56% and 23% 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 telcos are 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. – Bernama, December 14, 2020

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