<p>➀ RAN revenues outside China grew for the third consecutive quarter in Q2 2025, reversing a two-year decline, according to Dell’Oro; </p><p>➁ Growth in Europe, the Middle East, and Africa nearly offset declines in the Caribbean, Latin America, and Asia Pacific; </p><p>➂ Huawei and Ericsson dominate regional markets (China and North America), with the global RAN vendor ranking led by Huawei, Ericsson, Nokia, ZTE, and Samsung, while long-term growth remains flat despite stabilization.</p>