Rui Carmo
The Register is a bit crass about this (I changed the title to more closely match the PR), but they do have a good set of figures and quotes.
This is (obviously) a worrisome trend. I suspect many vendors were anticipating beefy network upgrade projects that haven’t yet come to pass, and the timing of 5G licensing investments by operators was absolutely lousy.
Sure, the mainstream press is going to point out that consumers aren’t overly excited by 5G (and they’re right–both operators and vendors lack compelling use cases and keep trotting out the same things since the 3G days), but businesses have fundamentally different requirements for private (or IoT) 5G, and operators are moving away from proprietary stacks as much as possible.
I strongly suspect the economy isn’t going to be much help next year, either.