While telco opex dropped in 2023, the biggest contributor were divestments, which isn't ideal because service providers are selling business segments, explains Omdia's Adam Mackenzie.
On the bright side, adjusted global telecom opex fell by 1% to $1.29 trillion in 2023, while revenue grew 1% to $2 billion, according to analyst group Omdia. But lurking beneath the rosy appearance of lower operating costs are some hard truths.
While telco opex dropped in 2023, divestments were the biggest contributor, which isn't ideal because service providers are selling business segments, Adam Mackenzie, senior analyst of Service Provider Network Evolution for Omdia, tells Light Reading. Omdia and Light Reading are owned by the same parent company, Informa. Read more here.