In Europe, Higher Capex, Lower Revenue is a Trend
It might not be the case in every market, but in Europe, legacy carrier revenue is down, capital investment is up. Revenue gains are being made by attackers, including some that find they are earning more revenue on less capital investment.
That is not the case for the cable TV, mobile and fixed network service providers, all of whom are seeing increased capital spending. Cable is seeing a one percent increase in revenue, but telcos and mobile service providers are seeing negative four percent to five percent revenue trends.