Bible 2Q22: Service Provider Infrastructure – 5G peaking. Semi demand slowing already?
Our Tech Bible is a must-read for any tech investor. It wraps up all what the >130 companies we track have reported and said and provides an update on our key perspectives and convictions, in light of what we learnt.We publish today the third section of our 2Q22 Bible, on Service Provider Infrastructure. Operators reiterated that spending will peak this year, but telecom equipment revenue expectations still imply some growth next year, leaving room for disappointment. In addition, there are initial signs of a slowdown in demand for semis. Although we expect secular growth in the segment, we could see a temporary pullback in the near term.
Cisco Systems designs and sells a range of technologies that power the Internet. The company's business is organized into the following three geographic segments: Americas; Europe, Middle East, and Africa; and Asia Pacific, Japan, and China. The company's products and technologies are grouped into the following categories: Infrastructure Platforms; Applications; Security and Other Products. In addition to its product offerings, the company provides a range of service offerings, including technical support services and other services. The company delivers its technologies through software and services. The company's customers include businesses of all sizes, public institutions, governments, and service providers.
Nokia is an Internet and communications technology company based in Finland. Co.'s operations are focused on three businesses: network infrastructure software, hardware and services, which Co. offers through Networks; location intelligence, which Co. provides through HERE; and advanced technology development and licensing, which Co. pursues through Technologies. Co. maintains a global presence with operations and Researh & Development facilities located in Europe, North America and Asia, and sales in approximately 130 countries. Co. has an installed base of around 600 customers worldwide and these operators serve over 4 billion subscribers.
Ericsson provides communications technology and services. Co.'s services, software and infrastructure – especially in mobility, broadband and the cloud – enable the telecom industry and other sectors to do business, increase efficiency, improve the user experience and capture new opportunities. Co. has more than 110,000 professionals and customers in more than 180 countries. Co. provides support for networks with more than 2.5 billion subscribers. Co.'s core business areas are called Radio, Core and Transmission and Telecom Services. Co. divides its operations into three business segments: Networks, Global Services and Support Solutions.
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- Pan European Telecom Services and Cable
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