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���������ֳ� expects 2023 median revenue growth in the low single digits for the sector. Growth is a bit muted relative to 2021 and 2022, owing to macroeconomic pressures in 2023, mainly affecting business wireline revenues. Overall, ���������ֳ� believes the sector is more resilient than other sectors, given the essential nature of broadband and connectivity services. The possibility consumers trade down to lower priced services remains a risk but subscribers are expected to grow, even if at a muted pace. Price increases instituted in 2H22 are also supportive of revenues.