ZTE books growth but operator investment slows
by Mobile World Live
Mobile World Live— Chinese vendor ZTE booked modest profit and revenue gains in the opening quarter of 2024, highlighting a shift beyond its core telecoms business as domestic operators encounter pressure from a downbeat investment environment.
Kiplinger—Jobs Growth Slows in April: What the Experts Are Saying. Slower jobs growth and easing wage pressures are good news for rate cuts.
Mobile World Live—Charter mobile subscriber growth slows in Q1. US cable operator Charter Communications added 486,000 mobile lines in Q1 which represented a 2.9 per cent drop from the number acquired a year ago.
Green Car Reports—Report: EVs are slowing the pace of growth in gasoline demand. Growing EV sales in both the U.S. and China could contribute to a halving in gasoline demand in 2024, says the consultancy Wood Mackenzie. Demand is likely to rise 340,000 barrels per day (bpd) to 26.5 million bpd for the year, but that's the slowest growth since 2020, and down from a growth rate of 700,000 bpd last year, according to the report