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Review of 1H09 Telco FinancialsPublished by: Ovum Plc Published: Sep. 14, 2009 - 32 Pages Table of Contents
AbstractThe quick pullback in capex that began in late 2008 is paying off, but global SP revenues are still declining year over year (YoY), and service providers have been unable to cut opex fast enough to offset revenue erosion YoY revenue change turned negative in 4Q08 and remains there; capex cuts have averaged 2-3x the revenue drop but opex is harder to tackle. Result is continued capex cuts for many carriers Global capex/revenues ratio (capital intensity) fell from 18.6% in 2Q08 to 15.5% in 2Q09 Despite a big spending increase in China and scattered stimulus spending packages elsewhere, all four regions (NA, SCA, EMEA, AP) saw capital intensity drop from last yearPlease note: this is delivered as a PowerPoint presentation. Get Full Details About This Report >> |
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