Marty Fredricks

In 2023, 167 rural telecommunications companies in 19 states participated in this study which provides benchmark results for the 2022 balance sheet and income statement and more than 37 other key metrics. The study calculates the percentage increase in operating expenses both with and without depreciation expense. Total operating expenses increased 5.1% in 2022 and without including depreciation expense, operating expenses increased 5.2%.