In Q3-2023, global telcos saw a decline in revenue, with only 55% experiencing growth. Indian telcos outperformed their global peers, with Bharti Airtel and Reliance Jio reporting moderate growth. The EBITDA margin for the top 19 telcos increased to 36.2%, and CAPEX spending declined as 5G adoption peaked. Most major global telecom companies experienced a decline in ARPU growth rates. Telcos formed strategic partnerships with leading vendors to drive innovation.

The collective cloud earnings of AWS, Microsoft, Google, and Oracle reached $57.2 billion in Q3-2023, with a YoY growth of 17.7%.

Malaysia's economy surged in 2022, expecting 4%-5% CAGR. Top telcos focus on fiber, 5G, and digital initiatives. Government and broadband drive growth. 5G adoption rises, addressing digital disparities for economic support.