According to USTelecom, broadband provider capital spending has been rising since 2017, and in 2018, surpassed the recent peak reported in 2014 with approximately $80 billion in investment.

Source: USTelecom

Also see USTelecom’s research brief countering a recent study by Christopher A. Hooton of the George Washington University Institute of Public Policy that “attempts, but fails, to make the case that certain ‘net neutrality’ regulations have no impact on broadband internet service provider (ISP) capital investment decisions.”