Huawei telco infrastructure dips $1.48 billion in 1H21 as Nokia, Ericsson cumulatively gain $2.47 billion: MTN Consulting

NEW DELHI: Telco network infrastructure (NI) revenues rose 5.1% year-over-year in Q2 2021, according to MTN Consulting.

Vendors cumulatively accounted for revenue of $110.4 billion in the first half of 2021, up by 7.4% from the same period last year.

“Some of the growth is compensating for a weak 1H20 hit by COVID’s initial spread, and some of the growth is due to depreciation of the US dollar. But there is also an uptick in telco spending across multiple segments and geographies,” chief analyst Matt Walker said, adding that the analyst firm added Airspan, Alphabet (GCP), Amazon (AWS), and Microsoft (Azure), to the 2021 market coverage.