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Telecom Network Infrastructure Market Analysis: 3Q23 Spending Trends and Vendor Rankings – Global Telecom Industry Faces Spending Fluctuations and Vendor Shuffles

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DUBLIN, Feb. 26, 2024 /PRNewswire/ — The “Telecom’s Biggest Vendors – 3Q23 Edition” report has been added to  ResearchAndMarkets.com’s offering.

Global Telecom Industry Faces Spending Fluctuations and Vendor Shuffles in Latest Market Study

A comprehensive market study tracking 134 telco network infrastructure (Telco NI) vendors has been published, covering a crucial period up to the third quarter of 2023. This report serves as an indispensable resource for stakeholders in the telecom industry, providing a deep dive into spending trends, vendor revenue, and shifts in market share.

Key Findings from the Latest Telecom Market Analysis

Vendors within the Telco NI space reported combined revenues of $49.2 billion in 3Q23, with a downward trend of 14.2% reported year-over-year (YoY).Excluding a leading vendor, the sector experienced a decline of 13.4% in the most recent quarter, with a 6.4% decrease YoY for an annualized 3Q23 performance.The top three vendors — Huawei, Ericsson, and Nokia — continue to assert market dominance, holding 37.4% of the annualized market as of 3Q23.Other notable vendors such as ZTE and China Comservice vie for top positions, indicating a competitive landscape.Additional key performers in terms of YoY revenue growth include Alphabet, Microsoft, and Tejas Networks.

Capital Expenditure Forecasts and Industry Growth Projections

The report forecasts a moderate decline in telecom capital expenditures, predicting a dip to $313B in 2023 and slight reductions leading into 2028, where a rebound to $331B is anticipated. An average global capital intensity of 17.1% is projected for 2028, contrasted with 18.4% in 2022. These figures indicate subtly shifting investment priorities in an industry characterized by rapid technological advancement and evolving consumer demand.

Strategic Insights for Telecom Decision-Makers

The detailed insights provided in the report are intended to guide telecom industry leaders through the complexities of market dynamics. Decision-makers can leverage this data to formulate strategic plans, adjust investment focuses, and understand the evolving competitive landscape. With a comprehensive analysis of the telco NI market, the report is a valuable tool for telecom businesses looking to make informed decisions in a period of market transformation.

The market study is a crucial addition to the suite of research available for the telecom industry. Stakeholders seeking to gain an edge in the market will find the detailed analyses and forecasts an invaluable aid in steering their strategic directions. The full report is now accessible, providing a critical overview of the Telco NI landscape and its impact on future telecom infrastructure and services.

Companies Mentioned

3MA10 NetworksAccenture plcAccton TechnologyADTRANADVA Optical NetworkingAffirmed NetworksAirspanAkamaiAlcatel-LucentAllied TelesisAllot CommunicationsAlphabetAltran TechnologiesAmazonAmdocsAmphenolAnritsuArista NetworksARRIS InternationalAsiaInfo TechnologiesAtos OriginAudiocodesAvayaAviat NetworksBeijing XinweiBroadcom LimitedBroadSoft, Inc.Brocade Communications Systems, Inc.CA TechnologiesCalixCapgeminiCasa SystemsCeragon NetworksCheck Point SoftwareChina ComserviceCiena CorporationCisco SystemsCitrix SystemsClearfieldComarchComba TelecomCommScope HoldingCommvault SystemsComptelCoriantCorningCSGCyanDASAN ZhoneDatang Telecom TechnologyDell TechnologiesDragonWave Inc.DXC Technology (aka CSC)DyCom IndustriesDynatraceECI TelecomEricssonEXFO IncExtreme NetworksF5 NetworksFiberhomeFortinetFujikuraFujitsu LimitedFurukawa ElectricGeneral CableHarmonic Inc.HCL TechnologiesHengtong Optic-electricHitachiHPEHuaweiHuber+suhner AGIBMInfineraInfosysInseegoIntelItaltelITOCHU Techno-Solutions CorporationJuniper NetworksKathreinKudelskiKyndryl HoldingsLenovoMasTecMavenirMetaswitchMicrosoftMitsubishi ElectricNEC CorporationNet InsightNetcommNetScout SystemsNexansNokiaNutanixOpenetOPTIVAOraclePace plcPalo Alto NetworksPrysmianRadcomRadisysRadwareRakuten GroupRed HatRibbon CommunicationsRuckus WirelessSamsung ElectronicsSAP SESeaChange International, Inc.Sopra SteriaSpirent CommunicationsSterlite TechnologiesSubexSumitomo ElectricTata Consultancy ServicesTE ConnectivityTech MahindraTechnicolorTejas NetworksTransmodeTrigiant GroupUbiquitiVMWareVubiquityWestellWiproWiwynnYOFCZTE

For more information about this report visit https://www.researchandmarkets.com/r/l67wq1

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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Fangzhou Inc. Honored as an “Outstanding Innovation Firm” by Yangcheng Evening News

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24 minutes ago

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December 27, 2024

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GUANGZHOU, China, Dec. 27, 2024 /PRNewswire/ — Fangzhou Inc. (“Fangzhou” or the “Company”) (06086.HK), a leader in Internet healthcare solutions, was honored as an “Outstanding Innovation Firm” at the “Precision Engineering: 2024 Technology Pioneers Gala” held by Yangcheng Evening News on December 13th. Fangzhou garnered recognition for its significant milestones in 2024, including a successful listing on the Main Board of the Hong Kong Stock Exchange, and its role in spearheading the ongoing digital transformation of China’s healthcare sector.

Dr. Xie Fangmin, founder, chairman, and CEO of Fangzhou, remarked, “We are thrilled to receive this award from Yangcheng Evening News as an ‘Outstanding Innovation Firm’. Adhering to our corporate mission of ‘Better Health for All’, we will continue to cultivate a bold vision for the future of the Internet healthcare sector.”

2024 has been a significant year in Fangzhou’s development journey. Following its IPO in July 2024, the Company received commendation from the Guangzhou Municipal People’s Government for its contributions in advancing the digital transformation of the healthcare industry and enhancing public health. In October, Fangzhou was featured on the 2024 Guangdong “AI Catalyst” Enterprise Billboard at the 2024 Guangdong-Hong Kong-Macao Greater Bay Area Artificial Intelligence Industry Conference. More recently, the Company launched its ” AI Agent Solution” in November 2024 in partnership with Tencent Healthcare and Baidu Health, providing more efficient access to healthcare information and analysis for both consumers and healthcare professionals.

About Fangzhou Inc.

Fangzhou Inc. (06086.HK) is China’s leading online chronic disease management platform. With 45.6 million registered users and 217,000 registered doctors on its platform (as of June 30, 2024), the Company provides tailored medical care and precision medicine for a growing population of chronic disease patients. For more details, visit https://investors.jianke.com.

About Yangcheng Evening News

Yangcheng Evening News, first published in October 1957, was among the first broadly distributed evening newspapers established after the founding of People’s Republic of China. Produced in Guangzhou as the flagship publication of the Yangcheng Evening News Group, the newspaper has built a strong reputation for its critical and independent perspective, delivering engaging news coverage on a variety of topics that resonate with people’s daily lives.

Media Contact

For further inquiries or interviews, please reach out to:
Xingwei Zhao Associate Director of Public Relations Email: pr@jianke.com 

Disclaimer: This press release contains forward-looking statements. Actual results may differ materially from those anticipated due to various factors. Readers are cautioned not to place undue reliance on these statements

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SOURCE Fangzhou Inc.

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XCMG Launches Used Equipment Certification to Drive Sustainable Development in Construction Machinery

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24 minutes ago

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December 27, 2024

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XUZHOU, China, Dec. 27, 2024 /PRNewswire/ — XCMG Machinery (“XCMG”, SHE: 000425) has officially launched the XCMG Certified Used Equipment brand, marking a significant milestone in the development of its circular business. This initiative reflects XCMG’s commitment to addressing industry challenges, promoting green circular economy principles, and accelerating the transition toward sustainable development and carbon neutrality.

In recent years, China’s construction machinery industry has made remarkable strides. Leveraging its deep technological expertise, extensive manufacturing experience, and well-established brand influence, XCMG has established its official certified used equipment brand. This initiative aims to empower industry transformation, enhance the lifecycle value of signature equipment, and offer customers comprehensive quality and service guarantees across the value chain.

At the recent bauma China Exhibition, XCMG and Ritchie Bros. co-hosted a used equipment auction, showcasing over 300 fully inspected and refurbished units from 16 XCMG product categories, including cranes, excavators, mining equipment, compactors, loaders, concrete machinery, and piling equipment. These units were launched on the Ritchie Bros. website, symbolizing a new chapter in the used equipment market.

In line with its vision to become the world’s premier service brand, XCMG also introduced the XCMG TrueCare (“TrueCare”) service brand. TrueCare embodies XCMG’s unrelenting pursuit of integrated solutions, aligning with the Solid to Succeed brand philosophy. The service brand is designed to deliver cutting-edge innovations, stringent quality control, and efficient services, empowering customers to maintain a competitive edge in global markets.

“This initiative will extend the value chain, foster innovation, and elevate XCMG to new heights as a globally recognized brand,” said Liu Jiansen, vice president of XCMG.

The five core missions of XCMG TrueCare are:

Swift: A global service network ensures rapid response to customer needs to minimize downtime.Optimal: Integration of XCMG’s five advanced digital management systems delivers tailored solutions to enhance operational efficiency.Long-term: TCO service models, including extended warranties and certified pre-owned programs, provide full lifecycle care and build lasting customer relationships.Intelligent: Comprehensive smart solutions address customer-specific requirements through the integration of R&D, production, supply, sales, and service.Dedicated: A global call center and a professional team provide 24/7 support, ensuring efficient equipment operation and 100% customer satisfaction.

With these strategic advancements, XCMG is poised to redefine industry standards, driving the adoption of sustainable practices and reinforcing its leadership in the global construction machinery market.

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Stora Enso Oyj: Notification of Change in Holdings according to Chapter 9, Section 10 of the Finnish Securities Markets Act (25 December 2024)

Published

2 hours ago

on

December 27, 2024

By

STORA ENSO OYJ STOCK EXCHANGE RELEASE 27 December 2024 at 09:00 EET

HELSINKI, Dec. 27, 2024 /PRNewswire/ — Stora Enso Oyj received a notification pursuant to chapter 9, section 5 of the Securities Market Act from BlackRock, Inc on 27 December 2024.

On 25 December 2024, BlackRock’s holding in Stora Enso’s shares decreased below the 5 percent threshold.

% of shares and voting rights (total of 7.A)

% of shares and voting rights through financial instruments (total of 7.B)

Total of both in % (7.A + 7.B)

Resulting situation on the date on which threshold was crossed or reached

4.76% shares

Below 5% voting rights

0.27% shares

Below 5% voting rights

5.04% shares

Below 5% voting rights

Position of previous notification (if applicable)

Below 5% shares

Below 5% voting rights

Below 5% shares

Below 5% voting rights

Below 5% shares

Below 5% voting rights

 

A: Shares and voting rights

Class/type of shares

ISIN code (if possible)

Number of shares and voting rights

% of shares and voting rights

Direct

(SMA 9:5)

Indirect

(SMA 9:6 and 9:7)

Direct

(SMA 9:5)

Indirect

(SMA 9:6 and 9:7)

FI0009005961

37,609,170  shares

Below 5% voting rights

4.76% shares Below 5% voting rights

SUBTOTAL A

37,609,170 shares

Below 5% voting rights

4.76% shares

Below 5% voting rights

B: Financial Instruments according to SMA 9:6a

Type of financial instrument

Expiration date

Exercise/Conversion Period

Physical or cash settlement

Number of shares and voting rights

% of shares and voting rights

American Depositary Receipt (US86210M1062)

N/A

N/A

Physical

596,930 shares

Below 5% voting rights

0.07% shares

Below 5% voting rights

Securites lent

N7A

N/A

Physical

1,036,720 shares

Below 5% voting rights

0.13% shares

Below 5% voting rights

CFD

N/A

N/A

Cash

563,510 shares

Below 5% voting rights

0.07% shares

Below 5% voting rights

SUBTOTAL B

2,197,160 shares

Below 5% voting rights

0.27% shares

Below 5% voting rights

 

Stora Enso has two series of shares. Each A share and every ten R shares carry one vote. Stora Enso has 175,664,079 A shares and 612,955,908 R shares in issue. The Company does not hold its own shares. The total number of Stora Enso shares is 788,619,987 and the total number votes at least 236,959,669.

Investor enquiries:
Anna-Lena Åström
SVP Investor Relations
tel. +46 70 210 7691 

Stora Enso

Part of the global bioeconomy, Stora Enso is a leading provider of renewable products in packaging, biomaterials and wooden construction, and one of the largest private forest owners in the world. We create value with our low-carbon and recyclable fiber-based products, through which we support our customers in meeting the demand for renewable sustainable products. Stora Enso has approximately 20,000 employees and our sales in 2023 were EUR 9.4 billion. Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R). In addition, the shares are traded in OTC Markets (OTCQX) in the USA as ADRs and ordinary shares (SEOAY, SEOFF, SEOJF). storaenso.com/investors

STORA ENSO OYJ

Investor enquiries:
Anna-Lena Åström
SVP Investor Relations
tel. +46 70 210 7691 

This information was brought to you by Cision http://news.cision.com.

https://news.cision.com/stora-enso-oyj/r/stora-enso-oyj–notification-of-change-in-holdings-according-to-chapter-9–section-10-of-the-finnish,c4086606

The following files are available for download:

https://mb.cision.com/Main/13589/4086606/3189711.pdf

STORA ENSO Class R_2024-12-25_Issuer

 

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SOURCE Stora Enso Oyj

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