Fiber has continued as one of the highest performing assets within the sector throughout 2023. With new infusions from states via the Federal BEAD program, and demand from FTTH as well as Commercial demand continuing, we take stock of:

• What areas throughout the US have the most acute need for new fiber buildout? 

• Is there a dislocation between demand for commercial vs residential projects? Why? 

• What opportunities to blend debt, grants, and non-traditional finance for fiber