Wireless Infrastructure Revenues Grew 3.7% YoY in Q3 2008 to $12.2 Billion
The global wireless BTS infrastructure market revenues for the top OEMs grew by 3.7% for the third quarter of 2008 to $12.2 billion compared with the third quarter of 2007, according to the latest report from EJL Wireless Research.
"The market experienced a decline on a sequential basis of 12% as all wireless equipment vendors were impacted by the Summer Olympic Games in China," says founder and President, Earl Lum. The report provides a unique perspective on the global wireless infrastructure revenues for major wireless OEMs including Alcatel-Lucent, Ericsson, Motorola, Nokia Siemens Networks, Nortel Networks, and ZTE.
"Given the undeniable decline in cap ex spending by mobile operators due to the global financial crisis, we believe that weakness could continue into Q4 and that overall revenues in USD may be flat to down 1-2% for 2008 compared with our prior outlook of 5-7% growth," says Lum. As Huawei Technologies is the only company not represented in this financial analysis, we believe that the results offer a realistic snapshot for the industry on how the overall market is progressing for 2008.
Posted to the site on 17th November 2008
