Broadband Providers: Inflation has doubled RDOF build costs
Inflation is wreaking havoc on several broadband operators’ rural build plans, making financially tough projects even tougher. A number of operators with Rural Digital Opportunity Fund (RDOF) commitments stated that the cost estimates for their builds have skyrocketed. Some are finding it difficult to find banks willing to lend them the money needed to complete their projects. That means those broadband providers without a hefty amount of cash on hand could be at risk of defaulting on their obligations.