Since the great telecom crash of March 2000, the telecom industry has become cyclical, which is typical of deregulated industries: investment goes through cycles of ups and downs that are more or less pronounced depending on how the major players react. After touching the bottom in 2004, we went through a first investment cycle that peaked in 2008, after which a short-lived downturn occurred, ending in 2010. 2011 marked the first year of a second investment cycle that ended in 2015. Since then, capex has been flat or slightly decreasing when removing forex noise, and despite the need for capital to build the 5G infrastructure, 2020 won’t be any different. I’ve been saying this since the beginning of the 5G discussion, which started at the beginning of this past decade when 4G LTE took off. Clients, please log in to view the full content.
The Analyst Team
Omdia provides high-value advice on the commercial impact of technology & market changes in telecoms, software and IT services – and has unequalled expertise in advising on where these areas interact.
This Analyst Opinion is included in:
Our expert analysts will review your question and the Ask an Analyst team will get back to you. We aim to respond within 24 hours, but we’re often quicker.
Ask an Analyst
Our team of experts are here to answer your questions. From advice on market trends to a query on research point, and everything in between, we want to hear from you.
Ask an analyst is available as part of a subscription. If you'd like access, contact us today.