Tag Archives: capex

The Second Great Telecom Reckoning: Endurance in the Age of AI Dominance

By | January 30, 2026
0 Comment

It’s been a year and a half since I published my July 2024 paper (Mobile Infrastructure Capex: Permanent Weakening or Short-Term Decline) explaining why the telecom capex downturn would run deeper and longer than previous cycles. This piece aims to capture a current market snapshot by examining the most notable bankruptcies and market exits since… Read More »

Mobile Infrastructure Capex: Permanent Weakening or Short-Term Decline?

By | July 23, 2024
0 Comment

Mobile infrastructure capex has declined significantly since the second quarter of 2023, following a wave of spending on 5G, with no recovery yet in sight (see here and here). While the mobile industry has faced such declines in the past, signs suggest that the current weakness could be longer and deeper than previous downturns. The… Read More »