Broadband Stats: Historic Network Investment

Fueled by substantial private investment and innovation, widespread wired and wireless networks keep us connected in the home and on the go. A competitive mix of fast and affordable broadband networks available nationwide underscores how the dynamic marketplace is fueling today’s global digital economy. Since 1996, over $2.2 trillion in funding has been invested in broadband networks. Over $94.7 billion were invested in 2023; last year saw the highest industry capex in 22 years, more than 23 percent above the historic annual average. Cable internet service providers have invested nationwide in next-generation networks; to date, there are over 550 thousand miles of caber fiber nationwide.