Erin Hudson
The Rush for Fiber Is Strangling Telecommunications Companies From Louisiana to Lisbon
Telecommunications and cable companies are emerging as some of the biggest losers of the high interest rate era. Buoyed by a sudden increase in demand, many firms took on vast amounts of credit to boost spending on increasing download speeds through expensive fiber rollouts. Now, changing consumer behaviors are causing turmoil and pushing companies in the US and Europe to invest in new infrastructure.