'No Surprise' Cable, Telecom Infrastructure Spending Is Huge, NCTA Says
That cable and telecom combined surpasses any other U.S. industry in level of infrastructure investment comes as "no surprise," NCTA blogged Tuesday, citing a Progressive Policy Institute report showing that sector eclipsing such others as internet/technology and utility/energy distribution. NCTA…
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said that spending -- more than $290 billion over the past 20 years -- reflects ISPs' work to improve their networks' speeds and capacities, and 10 GB means "more transformation is yet to come." Telecom/cable capital expenditures were $54 billion in 2017, up 4.6 percent from 2016, while internet/technology capex was $46 billion, a 16 percent increase.