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Global Telecom Capex Declined in 2023 as 5G Rollout Slowed Down: Report
Globally, the telecom sector capex (capital expenditure) declined in 2023, as the telcos scaled down the 5G rollout. According to a Dell'Oro Group report, for the first time since 2017, the capex for the global telecom sector has gone down in the full year 2023 in nominal USD terms. Telcos are not finding any incremental revenues with respect to rolling out 5G at an aggressive pace anymore. While developing countries... Read More