The second edition of The Fiber Broadband Association's report highlights a surge in fiber deployment activity, with 40% of installations occurring underground and 16% aerially. Factors contributing to this growth include an improved economic environment, resolution of supply chain issues, and NTIA's approval of the BEAD program proposals. Additionally, the report discusses labor cost variances, with significant differences noted between internal and outsourced labor costs. Mergers and acquisitions activity within the industry is also pointed out, suggesting a dynamic and evolving market landscape.
Several high profile M&A deals were announced, with ILEC's leading the charge in the acquisition of smaller players.
The economic climate has improved, supply chain disruptions have abated, and the National Telecommunications and Information Administration (NTIA) has now approved all the Initial Proposals for the Broadband Equity, Access, and Deployment (BEAD) program.
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