USTelecom data shares that broadband providers forked over $86 billion in capital expenditures (CAPEX) in 2021. That’s an 8.3% increase from 2020.'
Context matters too. Congress, via the BEAD program, is set to invest $42.5 billion in broadband, spread over four years. While this is an unprecedented government effort to bring broadband to all in America, particularly those in hard-to-reach places, the BEAD investment is less than half of what the industry invested last year alone.
Source: https://www.ustelecom.org/2021-infrastructure-investment/