The 5G launches in Asia have gone well and there has been quick uptake in the few markets where the technology has been deployed, the credit ratings agency S&P Global Ratings says, adding however that in some markets 5G-related costs and spending could hit margins hard.
Global ratings agency S&P Global Ratings has forecast that IT spending will grow between 2% and 3% in the year ahead, an improvement from 2019.
Credit ratings agency S&P Global Ratings has said it does not expect 5G fixed wireless broadband networks to replace the NBN in the near-to-medium term, due to heavy capital spending and the fact that some players were stretched financially.
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