Ericsson Mobility Report: 5G uptake even faster than expected

  • 5G subscriptions now expected to reach 1.9 billion by 2024 as operators ramp up deployments and users switch to 5G devices
  • 5G coverage is forecast to reach 45 percent of the world’s population by end of 2024
  • In 2024, 5G networks are projected to carry 35 percent of the global mobile traffic

Rapid early momentum and enthusiasm for 5G has led Ericsson (NASDAQ: ERIC) to forecast an extra 400 million enhanced mobile broadband subscriptions globally by the end of 2024. The June 2019 edition of the Ericsson Mobility Report forecasts 1.9 billion 5G subscriptions – up from 1.5 billion forecasted in the November 2018 edition – an increase of almost 27 percent.

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Realme and Shopee offer up to 22% discount on 7.7 Lowest Price Sale

Realme Philippines and Shopee team up for the biggest realme flash sale series yet. The much-anticipated Shopee 7.7 Sale happening this July 7 is the perfect date for a smartphone switch as realme offers its entry-level and budget champions realme 3 and realme C1 at 22 percent off. The first batch of purchasers also get to enjoy freebies worth PHP1,299.

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OYO Hotels now manages 500,000+ rooms in China, becomes country’s largest hotel brand

OYO Premium HuaJia Hotel, Wanning

OYO Hotels & Homes, the world’s sixth largest and fastest-growing chain of leased and franchised hotels, homes & living spaces, announced that it has now become the largest single hotel brand in China and continues to maintain the second spot at the hotel group level in the country. In a short span of 1.6 years, OYO has expanded its presence to 337+ cities and 500,000 rooms, surpassing the scale of traditional and established hotel chain brands in the country, such as Home Inn, Hanting and others. The company has allocated approximately $100 million out of the $600 million earlier committed to being invested in China, towards quality & system improvements and customer service. The company has hired over 10,000 people and created jobs for over 200,000 Chinese hospitality enthusiasts.

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Department of Finance maintains ambitious GDP growth target amid infrastructure projects

The wide-ranging economic impact of the Tax Reform for Acceleration and Inclusion (TRAIN) 1 package was among the many topics discussed recently at an interview given by Department of Finance (DoF) Secretary, Carlos G. Dominguez, to representatives of Oxford Business Group (OBG).

Dominguez highlighted that TRAIN 1 had attained 108.1% of its revenue target in 2018, enabling the government to increase public infrastructure investment.

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It’s a dare: Shift to realme for a special discount

Game changer smartphone brand realme dares potential customers to try realme, betting it can win over more fans with the real smartphone value it offers.

Customers ready to take on the challenge need just present their current non-realme smartphone in any realme store or kiosk to avail of a PHP500.00 discount on the #RealEntryLevelKing realme C2. The “Dare to Try realme” starts on June 21, 2019.

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