On mobile latency has constantly improved.
GPRS/EDGE was often +100ms ping --> 3G 400-50ms depending on the day --> 4G/LTE 50-30ms and now I'm often getting sub-20ms ping on 5G connections.
Here are two sources which I found useful at that time https://broadbandlibrary.com/5g-low-latency-requirements/ https://www.linkedin.com/pulse/we-need-talk-low-latency-dean...
Still, it's important that latency is top of mind for the designers of 5G, as it gets short shrift far too often.