The revenue boost that the mobile equipment and software vendors – especially Nokia, Ericsson and Samsung – have enjoyed in the USA will soon be sharply reduced. T-Mobile USA, while announcing a very strong 2022 for business, also said its expansive 5G build-out had achieved a high degree of scale and it would reduce its capex sharply from 2023. AT&T, which had a far more mixed year in 2022, has already talked about capex reductions, as has Verizon, and AT&T set out a cost-cutting program at the start of the year. Meanwhile, China’s massive 5G roll-out is slowing, and increasingly focused on Chinese vendors anyway. All this makes the start of India’s 5G roll-out, which is occurring at breakneck speed,…