ISPs Invest $94.7B in Capex in 2023, USTelecom Report Says
Broadband providers invested $94.7 billion in communications infrastructure in 2023, said USTelecom in a new report Friday. The capital expenditures were largely "expansion of fiber deployments, integration of fiber and mobile networks, increased rural broadband construction, and network capacity additions…
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to keep pace with advances in artificial intelligence and other applications," the report said. "This level of investment demonstrates how fiercely broadband companies are competing for customers," said USTelecom President-CEO Jonathan Spalter. He added it's "critical policymakers" are "constructive partners" to "finish the job of connecting communities and showing greater discipline by resisting carbon-dated regulatory models that hinder our continued progress."