The provider predicts aggressive growth in Latin America, linked to traffic on fixed networks associated with the deployment of 5G, the use of video and the growth in the use of cloud applications.

The global data traffic across all telecommunications networks is projected to quadruple by 2030, increasing from 507 exabits (Eb) to 2,443 Eb monthly—possibly even more—according to the findings of the Nokia Global Network Traffic 2030 study.

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List all analysis

Nokia expects data consumption to quadruple by 2030

The provider predicts aggressive growth in Latin America, linked to traffic on fixed networks associated with the deployment of 5G, the use of video and the growth in the use of cloud applications.

MORE ANALYSIS

AI wave benefits Nokia and boosts its second-quarter results

The Finnish vendor generated sales of €4.815 billion, with a strong 9% year-on-year increase on a constant-currency basis. Operating profit rose 18% year on year to €434 million. However, net profit was negative due to severance payments related to layoffs.

América Móvil increased profit by 9.2% in the second quarter

The increase was the result of higher revenue (+3.1%) and EBITDA growth of 3.8%. Exchange rate stability and the expansion of its subscriber base contributed to the performance. At the end of June, the company had accumulated 414.5 million access lines across all types of services.

Impact of mobile network expansion on poverty reduction

A GSMA report indicates that poverty declined by 4.8% in Brazilian municipalities where mobile coverage became available. Recommendations for the next federal government.

Buenos Aires among 10 cities joining Bloomberg’s new global AI forum

Buenos Aires City Mayor Jorge Macri led a meeting last Thursday and outlined the four pillars of the city’s AI strategy.

CRT’s plan for spectrum auction to enable private industrial networks

Interested parties will be able to submit questions about the tender proposal starting August 3. Bids will be submitted on November 19. A total of 240 10 MHz blocks will be auctioned. Any spectrum not requested will go to a second sealed-bid round.

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