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telecom vendor analysis reveals growth trends for huawei ericsson and nokia
In 3Q 2024, telco network infrastructure vendor revenues reached $49.6B, with Huawei, Ericsson, and Nokia leading the market, accounting for 37.5% of total revenues. Despite a slight quarterly increase, the annualized market saw a 5.6% decline, primarily due to reduced capex forecasts. Tejas Networks and Broadcom reported significant year-over-year growth, driven by strategic developments in India and acquisitions.
Stocks in Focus Suraksha Diagnostic Canara Bank Nykaa and GPT Healthcare
Suraksha Diagnostic, Canara Bank, Nykaa, India Gelatine, Subex, Ramco Systems, and GPT Healthcare are among the stocks to watch on Friday. Notably, GPT Healthcare has signed a Memorandum of Understanding for the construction and finishing of a hospital building in Jamshedpur, Jharkhand.
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