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Hello,
Thanks for your interest in our latest research. You can view a summary of our latest report below.
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The Telco NI market is fueled by spending in the telecom operator (telco) sector, so the financial health and spending patterns of the telco market are worth reviewing.
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The Telco NI market is focused on one big vertical, telecommunications, so we track technology spend by telcos closely. Telco spending results for 2Q23 are not yet available, but in the two prior quarters, telco capex growth had turned negative. Annualized capex fell by 1.5% YoY in both 4Q22 and 1Q23, and there are many signs of further decline for 2Q23, even if final numbers are not yet available. This constrained capex environment is not alarming, as capex surged to high levels in 2022, reaching a record high capital intensity of 18.3% in the annualized 1Q23 period. Increased fiber roll-out and upgrade activities to support fixed broadband and to connect all the new radio infra (including small cells) needed for 5G, coupled with continued expansion of 5G in major markets like India, have pushed capital intensity higher.
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Telco NI vendor revenues amounted to...
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To see our most recently published reports, click here
Best regards,
Matt Walker
Chief Analyst
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