By Mike Dano

According to new data from the financial analysts at Cowen, some of
the biggest fiber providers in the US – including AT&T, Altice USA, Consolidated Communications, Frontier Communications and Lumen
Technologies – have cut back their fiber network expansion plans for
2023

“The reasons for the pullback vary,” the analysts wrote in a recent
report for investors. “Naturally the capital markets have made a
business case more challenging as rising rates will lower the project
NPV [net present value]. Rising inflation costs are also impacting the
IRR [internal rate of return]. Permitting and licensing continues to
be a market-by-market challenge. Some, like Frontier, are
recalibrating their build engine and focusing on efficiency.”

https://www.lightreading.com/digital-divide/a-slew-of-service-providers-lower-2023-fiber-targets/d/d-id/783089

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