Ericsson senior managers presented their perspectives on the telecom equipment market over the next several years during the company’s Capital Markets Day, held on December 15. The big takeaway is that Ericsson expects the global radio access network equipment business to be “flat” for several years.
However, it expects the 5G RAN market will grow by over 11 percent a year over the next three years.
Sales in North America, Ericsson’s biggest market accounting for 39 percent of 3Q22 sales, continued to grow with strong 5G demand. However, aggregate U.S. mobile network operator capital expenditure is expected to peak in 2022, and then decline somewhat in 2023, Inside Towers reported. Continue Reading |
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