2024 Telecom Predictions
Macroeconomic and telecom industry-specific challenges that manifested in 2023 are expected to persist through 2024, prompting a response from communication service providers (CSPs) and their vendor partners. Even CSPs with relatively stronger financial positions are expected to change their behavior in the year. CSP CFOs worldwide will be under an unusual amount of pressure to meet their objectives in 2024 and they are highly likely to place greater emphasis on cost optimization and cash flow management.
In this year’s special report we expand on 3 key points for 2024:
- New round of M&A and bolder combinations are likely to be allowed by regulators
- Cash flow management becomes priority due to increase in cost of capital and other headwinds
- Open RAN will not be ready for mainstream adoption in 2024