New Delhi: Mobile operators are likely to invest more than $30 billion in open RAN networks globally by 2030, representing a CAGR of 24 per cent for the period, according to a latest report. Open RAN stands for open radio access network. An open RAN is made possible by a set of industry-wide standards that telecom suppliers can follow when producing related equipment. Open RAN network investments have increased steadily in recent years, driven primarily by greenfield network operators in the Asia-Pacific and North American regions, according to Counterpoint Research. However, following this period of rapid network build-outs, greenfield operators are looking to lower capex in 2023 and 2024
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