Global telecom equipment revenues fell about 11% in 2024 and are expected to be essentially flat in 2025 as market conditions stabilize per Dell’Oro Group. MTN Consulting projects global telecom capex declining from $314 billion in 2023 to about $280 billion by 2028. Ericsson’s June 2025 Mobility Report projects 5G subscriptions reaching about 2.9 billion…
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