The continuing development of new digital services and applications is providing new opportunities for the telecom market. In addition, President Biden’s Bipartisan Infrastructure Law, which aims to provide a historic investment in broadband infrastructure deployment of $65 billion, will have a significant positive impact on the sector.
Moreover, the Affordable Connectivity Program (ACP) provides a discount of up to $30 per month toward Internet service for eligible households to boost internet adoption. The global telecom services market is expected to grow at a CAGR of 6% by 2026.
