LTE uptake is continuing to grow at an impressive rate as Q1 2016 saw subscriptions worldwide double to 1.29 billion, according to the GSA.
Figures released by the Global mobile Suppliers Association suggest LTE is currently growing faster than any other mobile communications technology. Earlier this year the number of LTE subscriptions rose above 1 billion for the first time, at which point daily growth was measured at about 1.7 million additions every day. According to Alan Hadden, VP of the GSA, daily growth has now risen to an average of 2 million additions, and that number is predicted to rise sharply in the approach to 2020.
“LTE subscriptions were signed up during Q1 2016 at an average of 2 million per day and the rate is accelerating,” he said. “LTE is now connecting over 1 in 6 mobile subscribers worldwide (17.4%).”
By the end of 2016, LTE subscriptions are forecasted to rise to over 1.5 billion, but that number will take off substantially over the next four years. GSA numbers predict LTE subs to hit 3.8 billion by the end of 2020, and will have cleared 3 billion by the end of 2019.
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