Networks need to keep expanding but telcos are struggling to grow revenue & thus invest the sums of money required.
The multinationals like Vodafone are being hit in every direction, there business models must be under more strain than just national carriers etc. As an example they had to pay $2.4B yesterday for 20 year (5G licences) in Italy.
Just multiply that by the number of countries they operate in, add on the cost of hardware etc & in a very short space of time they need to come up with a massive amount of capital, on which there return is spread out over many years.
They need to boost there income end of story.
LOTM
SYT Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
