Industry Increased Broadband Capital Investment by $3 Billion in 2018: USTelecom
Upward momentum in industry's capital investment in broadband rose an estimated $3 billion last year to $75 billion, USTelecom reported Monday. The group said the administration's forward-looking regulatory framework, signaled in 2017, helped to reverse a capital spending decline from…
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the recent peak in 2014. "Annual broadband investment rebounded in 2017 and the data now confirms that the upward momentum continued in 2018," USTelecom said, based on the providers analyzed in its initial report. It confirms a trend from February when USTelecom released an analysis of the top six broadband providers (see 1902070048). FCC Chairman Ajit Pai said the preliminary report "reaffirms that our policies are working," and noted other evidence of broadband expansion (see 1905290017).