MTN Consulting is focused on network operators & their technology supply chains, tracking the economics of the network operator business and assessing the big shifts that impact technology spending trends. Our coverage includes:

3 major network operator markets

  • Telecom Network Operator (TNO)
  • Webscale Network Operator (WNO)
  • Carrier-Neutral Network Operator (CNNO)

190+ operators

Across the three major network operator markets in all key regions

40+ time series

10+ years’ market- and operator-wise data across quarters and years starting 2011

~50 reports published per year

  • Market data and insight reports spanning –
  • quarterly market reviews
  • operator and vendor deep dives
  • benchmarking and strategic assessments
  • forecast/outlook analysis
Defult Research Image

Latest report

Operators take baby steps towards sustainability as climate change worsens rapidly

This short report is focused on the energy consumption and environmental policies of the world’s network operators. It presents data on energy demand, use of renewables, emissions, and energy efficiency efforts. This is an update of a report published in 2023 with new data and new analysis. The world’s disparate efforts to address climate change are falling miserably short. Per the United Nations, current climate policies will result in global warming of more than 3.1C by the year 2100. That’s twice the level of warming agreed upon in the 2015 Paris Agreement. A quick scan of the world’s headlines will find many extreme weather events, population dislocations, and heavy economic damage already. If things continue, the planet will be less habitable for humans every year. Humanity will spend more time and money simply treading water – cleaning up after the last mega storm rather than putting economies on a more sustainable trajectory. In theory, tech companies have an opportunity to lead in the fight against climate change. In practice, network operators are failing badly. Energy consumption continued to grow for the aggregate of the three segments in 2023. The growth rate dipped to 4% in 2023, from about 9% the previous three years. The slower growth is a plus, but: (1) revenues grew even more slowly, so energy intensity (consumption divided by revenue) increased slightly, and (2) a recent explosion of AI data center investment in the webscale sector will probably change the trendline in 2024. How about renewables? There is nothing inherently bad about consuming energy, if it’s renewable and carbon free. Economies need energy to run, just as your car needs fuel. However, data from the telco sector is disconcerting. In 2023, renewables accounted for 19.9% of total energy consumed by telcos. This figure has been rising by year, up from 10.3% in 2019. But 20% is low, and many easy changes have been made already. Further, greenhouse gas emissions (GHG) from telcos were about 133.4 million tons in 2023, or 75 tons per $1M in revenues; both figures are roughly the same as in 2019. If telcos are going to meet their carbon neutrality goals anytime soon, they need to attack these emissions aggressively, and that will cost. As for webscalers, they have a high rate of renewable use. Yet it’s unclear if they will sustain this commitment now that they are on the GenAI bandwagon. For the third segment, carrier-neutral, it’s a mixed bag. Some CNNOs invest heavily in energy efficiency and renewables, and some brag about their green practices. Others largely ignore questions of sustainability. The CNNO sector has absorbed assets from other segments over the years, so their infrastructure can have a patchwork quality, with different standards and designs in different regions. Also, sometimes CNNOs buy assets that are known to be energy hogs using dirty energy. Moreover, many CNNOs are owned by private equity or similar asset management firms, and don’t publish financial data regularly, much less energy data. They face little to no public pressure to “go green.” With right wing conservatives taking power in the US, there will be even less pressure on such companies.

Read More

MTN Consulting is focused on network operators & their technology supply chains, tracking the economics of the network operator business and assessing the big shifts that impact technology spending trends. Our coverage includes:

  • 3 major network operator markets
  • 190+ operators
  • 40+ time series
  • 50 reports published per year

Latest report

Operators take baby steps towards sustainability as climate change worsens rapidly

This short report is focused on the energy consumption and environmental policies of the world’s network operators. It presents data on energy demand, use of renewables, emissions, and energy efficiency efforts. This is an update of a report published in 2023 with new data and new analysis. The world’s disparate efforts to address climate change are falling miserably short. Per the United Nations, current climate policies will result in global warming of more than 3.1C by the year 2100. That’s twice the level of warming agreed upon in the 2015 Paris Agreement. A quick scan of the world’s headlines will find many extreme weather events, population dislocations, and heavy economic damage already. If things continue, the planet will be less habitable for humans every year. Humanity will spend more time and money simply treading water – cleaning up after the last mega storm rather than putting economies on a more sustainable trajectory. In theory, tech companies have an opportunity to lead in the fight against climate change. In practice, network operators are failing badly. Energy consumption continued to grow for the aggregate of the three segments in 2023. The growth rate dipped to 4% in 2023, from about 9% the previous three years. The slower growth is a plus, but: (1) revenues grew even more slowly, so energy intensity (consumption divided by revenue) increased slightly, and (2) a recent explosion of AI data center investment in the webscale sector will probably change the trendline in 2024. How about renewables? There is nothing inherently bad about consuming energy, if it’s renewable and carbon free. Economies need energy to run, just as your car needs fuel. However, data from the telco sector is disconcerting. In 2023, renewables accounted for 19.9% of total energy consumed by telcos. This figure has been rising by year, up from 10.3% in 2019. But 20% is low, and many easy changes have been made already. Further, greenhouse gas emissions (GHG) from telcos were about 133.4 million tons in 2023, or 75 tons per $1M in revenues; both figures are roughly the same as in 2019. If telcos are going to meet their carbon neutrality goals anytime soon, they need to attack these emissions aggressively, and that will cost. As for webscalers, they have a high rate of renewable use. Yet it’s unclear if they will sustain this commitment now that they are on the GenAI bandwagon. For the third segment, carrier-neutral, it’s a mixed bag. Some CNNOs invest heavily in energy efficiency and renewables, and some brag about their green practices. Others largely ignore questions of sustainability. The CNNO sector has absorbed assets from other segments over the years, so their infrastructure can have a patchwork quality, with different standards and designs in different regions. Also, sometimes CNNOs buy assets that are known to be energy hogs using dirty energy. Moreover, many CNNOs are owned by private equity or similar asset management firms, and don’t publish financial data regularly, much less energy data. They face little to no public pressure to “go green.” With right wing conservatives taking power in the US, there will be even less pressure on such companies.

Read More

Our Three Core Offerings

Research

MTNC’s research is focused on communications network infrastructure, a market attracting $3.5 trillion in annual operator revenues. Our goal is to provide credible, holistic assessments of where the NI market currently stands and where it is headed. Reports address market and technology trends, key players, and country dynamics.

Read More

Subscription

MTNC bundles its research into an annual subscription service called “Global Network Infrastructure”. GNI provides clients with an end-to-end view of the network operator business, assessing the big shifts that impact technology spending trends. GNI clients include technology vendors (chips, network equipment and software, IT services), operators, regulators, and investors.

Read More

Consulting

Our consulting services include: scenario planning; market sizing, forecasting, and analysis; organizational strategy; marketing support; competitive benchmarking; and, due diligence support for M&A and PE transactions. We bring experience and independence to the table, and access to the proprietary databases generated by our GNI subscription program.

Read More

Blogs

img
Quantifying the energy cost savings from 2G/3G network shutdowns...
Posted by: Samir Ahmad on 18/10/2022

With each passing day, the 2G and 3G layers of telcos' mobile networks are looming as heavy loads on operating expenses (opex). That's due to multiple issues but especially energy consumption and related costs. With the exist

read more
img
Telco capital intensity hits 10 year peak in 2Q22...
Posted by: Matt Walker on 06/09/2022

Vendors continue to wrestle with supply chain constraints in the telecom sector. That's clear from several recent vendor earnings reports, including those issued by Dell, HPE, and Ciena in recent weeks. Telco spending, though

read more
img
Vendor landscape continues to shift in telecom market as cloud and 5G ...
Posted by: Matt Walker on 29/07/2022

Telco network spending has been on the rise over the last few quarters. Vendor sales of network infrastructure to the telco vertical ("Telco NI”) totaled $55.5B in 1Q22, up 5.7% YoY. On an annualized basis, Telco NI revenue

read more
img
Telecom’s top 3 vendors betting big on enterprise expansion; Hua...
Posted by: Matt Walker on 14/06/2022

Telco NI's top 3 Telcos buy products & services from dozens of different vendors. Our research tracks 130. Some are relatively easy to classify into a segment, e.g. Corning, a "cabling & connectivity" vendor in our

read more
img
After failure to adapt to 4G, telcos need to evolve...
Posted by: Melvin Bankhead III, Contributing Writer on 19/05/2022

It was the Greek philosopher Heraclitus who coined the phrase, “Change is the only constant in life.” Well over a thousand years later, Benjamin Franklin continued the thought, saying, “When you are finished changing

read more
img
Telcos are upgrading their workforce, but it comes at a price...
Posted by: Matt Walker on 11/05/2022

One of the many telecom stats we track is "labor costs", i.e. what telcos spend in salaries and benefits to support their workforce. Not a lot of other analyst firms track labor costs, if any. It's not an easy one to track, a

read more

Our Research Bundles

img
MTN Consulting’s Market Data bundle is designed for clients who need to understand all three types of network operators we track – telecom, webscale, and carrier-neutral. The bundle includes all of our Excel-based Market Review reports tracking these individual operator segments.
img
MTN Consulting’s Telecom Network Operator (TNO) bundle provides clients with a deep dive into the telecommunications segment of network operators. The bundle’s products help clients understand how telcos are growing and transforming their operations.
img
MTN Consulting’s Webscale Network Operator (WNO) bundle provides a deep look at the webscale segment of network operators – how it’s growing, how individual WNOs are building out their networks, and which suppliers are benefiting.

Meet Our Partners

To best support client inquiries and sales opportunities, we work with a small number of channel partners, as follows:

Stay in the loop

Get our latest blog and research alerts by signing up below.