Decline in North America kit revenue steeper than expected

Spending on telecoms equipment in North America declined faster than expected in the first half of the year, according to new data published this week.
Worldwide telecoms equipment revenues were flat year-on-year in the second quarter of 2023 and grew by 2% in the first half of the year, according to Dell’Oro. The analyst firm’s data shows growth in all regions – albeit at lower levels than last year in some cases – aside from North America, where equipment revenues took