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Friday, 04 October 2024 09:16

Telecom capex down 10% in 1H24

Worldwide telecom capex, the sum of wireless and wireline/other telecom carrier investments, declined 10% year-over-year (YoY) in the first half of 2024, partly due to built-up inventory, a weaker demand in China, India, and US, and the challenging 5G comparisons, excess capacity, and elevated uncertainty, according to market research firm Dell’Oro Group.

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