Will the Broadband Ecosystem Save Telecom in 2023?

This post was originally published on Network Computing

Still recovering from Covid-created supply chain issues, chip shortages, and high transportation costs? There’s hope that the ecosystem forming thanks to historic broadband infrastructure spending may provide a savior for the overall telecom industry.

But at the same time, IT decision makers will need to spend more time and scrutinize the financial health and well-being of the service providers they rely on and are considering to avoid missteps that could make 2023 a year of regrets.

To recap, the Infrastructure Investment and Jobs Bill, the FCC’s Rural Development Opportunity Fund (RDOF) program, and broadband USDA programs have collectively committed nearly $100 billion in funding for broadband network deployment. The grandiose plan is to cover dense cities to rural regions to close the digital divide over the next several years.

Minimizing risk with carriers

Many carriers who were awarded broadband funding (several startups) have dropped out, with several fighting to survive. This development has elevated the importance of IT leaders tracking their current and potential carrier partners as the telecom industry faces strong economic challenges now and in 2023.

“With the overall economy facing strong headwinds, it becomes really critical to understand the balance sheet status of providers today and pre-funding,” cautioned

Read the rest of this post, which was originally published on Network Computing.

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