Telecommunications Network Operators: 4Q23 Market Review - European Telcos and China Mobile Steer Revenue Uptick, as Capex Downtrend Persists; Industry Headcount Drops to 4.5 Million - ResearchAndMarkets.com
This report reviews the growth and development of the telecommunications network operator (TNO, or telco) market.
- This report reviews the growth and development of the telecommunications network operator (TNO, or telco) market.
- The report tracks a wide range of financial stats for 139 telcos across the globe, from 1Q11 through 4Q23.
- For the full-year 2023, telcos represented $1.77 trillion (T) in revenues (-0.7% YoY), $263.1 billion (B) in labor costs (3.0% YoY), and $315.1B in capex (-3.6% YoY).
- Capex: Capex spending declined by 4.1% on a YoY basis to post $85.9B in the latest single quarter ending 4Q23.