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AD Ports Group 2024 net profit $484m

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The company's revenues increased 6.7 percent year-on-year.

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The company's revenue increased by 29 percent to $3.54 billion.

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Ericsson ConsumerLab: 5G changing smartphone use in UAE

    • Largest 5G consumer study to date captures opinions equivalent to 1.3 billion consumers and 220 million 5G users globally

    • Early adopters in the UAE are satisfied with speed and 81 percent want more innovative apps, services

     

    A new report by Ericsson ConsumerLab highlights the impact that 5G is already having on smartphone users worldwide including the UAE and what they expect the technology to deliver in the future. The report explores key trends behind the adoption, use, and perception of consumers with and towards 5G

    Indoor coverage is one of the focus areas to emerge from the consumer research, with one-in-five 5G users already reducing Wi-Fi use on their phones indoors because of the benefits of 5G mobile connectivity.

    The report – Five Ways to a Better 5G – is the result of the largest global 5G consumer study to date. Covering consumer sentiment and perception in 26 markets – including the  UAE – the Ericsson ConsumerLab study methodology is representative of 1.3 billion smartphone users globally, including 220 million 5G subscribers.

    In the UAE, the report found that there has been a 6 percent increase from March 2019 to December 2020 in the intention to upgrade to 5G. Additionally, 24 percent of respondents in the UAE have a 5G phone but on a 4G network thereby highlighting broader consumer readiness for the technology.

    Another key report finding reveals early adopters in the UAE are satisfied with speed and 81 percent want more innovative apps and services.

    The report also highlights how 5G is already beginning to trigger new use behaviors. In addition to reducing Wi-Fi use, early adopter 5G users also spend an average of two hours more on cloud gaming and one hour more on augmented reality (AR) apps per week compared to 4G users.

    5G users spend 3 hours more per week watching live video streams and 1.5 hours more on AR apps compared to 4G users. Additionally, 20 percent of users in the UAE have decreased their Wi-Fi usage after upgrading.

    Covid-19 lockdowns and movement restrictions mean that the vast majority of 5G early adopters’ regular experiences with the technology have been indoors. As a result, early adopters indicate that indoor coverage is two times more important than speed or battery life in delivering satisfactory 5G experiences.

    “So far, analyses of 5G network experiences have mostly focused on 5G speeds and availability based on independent network measurements,” Jasmeet Singh Sethi, Head of ConsumerLab, Ericsson Research, said. “But it is equally important to understand how 5G early adopters perceive that experience.”