Recent widespread network outages underline need for continuous telecom infrastructure spends: Report

Widespread network outages — such as the one last month in the U.S. affecting tens of thousands of AT&T subscribers as well as Rogers’s network outage in July 2022 — underline the critical nature of connectivity and the need for continuous infrastructure investments in the telecom space, says a new commentary from credit rating agency Morningstar DBRS. Other recent network outages include a 12-hour outage experienced by Australia’s Optus in November 2023 that affected more than 10 million customers, and a Sky Mobile outage in the U.K. in May 2023 that lasted multiple hours. Morningstar DBRS says in its commentary that widespread...