The global telecom service provider investment (CAPEX) is majorly driven due to rising demand for 5G connectivity which has led to a rise in investment from telecom service providers in every zone. 5G connectivity is likely to enhance the working of networks. Moreover, rapid development in terms of research activities with respect to innovative telecom equipment and services by equipment manufacturers is allowing telecom service providers to deploy or launch their 5G services as per their intended schedule.

Furthermore, telecom operators are focusing significantly on expanding their network coverage range and network capacity in order to improve their market position. As demand for mobile broadband services continues to rise, mobile wireless network service providers are focusing on expanding their network capacity.

However, the global telecom service provider investment (CAPEX) is expected to remain challenged due to the increasing emphasis of enterprises on owning and leasing telecom towers to telecom companies which requires less capital expenditure. However, penetration of Internet of Things (IoT) technology is expected to offer huge opportunities for telecom operators to invest, in order to offer advance products.

Major strategies adopted by telecom operators include strategic acquisitions and partnerships. Major telecom players studied in the report are China Mobile Ltd., Verizon Communications Inc., AT&T Inc., Vodafone Group plc, Nippon Telegraph & Telephone Corporation, Telefonica S.A., America Movil, China Telecom, and SoftBank, Deutsche Telekom. These telecom service provider either purchase hardware form OEMs or avail services from EPCs. 

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Some other significant EPC players active in the telecom service provider investment (CAPEX) are Bechtel Corporation, Jacobs, Black & Veatch Holding Company, KCI Technologies, GPD Group, Morrison Hershfield, TECTONIC Engineering & Surveying Consultants P.C., KLJ, and Burns & McDonnell. Various OEMs players profiled areHuawei Technologies Co., Cisco Systems, Inc., Nokia Corporation, Telefonaktiebolaget LM Ericsson, Fujitsu Ltd., Ltd., ZTE Corporation, Samsung, Qualcomm Incorporated,and NEC Corporation.