As we approach Q4 of 2020, what does the landscape of major growth drivers for the CSPs (communication service provider) look like? The following are 5 top ones worth some review.
Driver #1: Covid-19 related Internet bandwidth boom
From telecom, networking and IT perspectives, Covid-19 has boosted the network bandwidth use and enterprise digital transformation process, mostly due to high demand for remote work and learning. For example, Comcast just reported that in the second quarter, the company added 323,000 high-speed internet customers, which was its best Q2 in 13 years. Google Fiber has started off a trial of 2-Gig Internet service offers in the southern region.