Mobile Networks Market Sees ‘Glimmer of Hope’ After Long Decline
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 15 2024
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Should l Buy ?
Source: Bloomberg
Market Stabilization: The decline in demand for radio access networks is showing signs of stabilization, with three out of six regions experiencing growth in the second quarter, suggesting a potential end to the cycle of double-digit declines.
Regional Performance: Strong growth in North America and stability in China were noted, but overall market decline continues, particularly in the Asia Pacific region due to a significant drop in India following the end of a major 5G rollout.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
