Skip to content
MarketScale
‹ Back to IndustriesSoftware & Technology

Rising Rates, Rethinking Routes: The Future of Telecom Infrastructure Investment in a High-Interest World

In light of the global trend of central banks adopting a ‘higher for longer’ interest rate policy, how will telecom companies adjust their investment strategies in response to the increased cost of capital? What implications will rising borrowing rates have for the future of telecom infrastructure investment? Phillip Colmar, Global Macro Strategist at MRB Partners,…

This story was produced through MarketScale. See how Software & Technology teams put it to work with Executive Thought Leadership.

By Phillip Colmar · Phillip ColmarRising Interest RatesTelecom IndustryThe Macro Research Board
Share

Key takeaways

01

In light of the global trend of central banks adopting a ‘higher for longer’ interest rate policy, how will telecom companies adjust their investment strategies in response to the increased cost of capital?

02

What implications will rising borrowing rates have for the future of telecom infrastructure investment?

03

Phillip Colmar, Global Macro Strategist at MRB Partners,…

Get featured

Want MarketScale to feature Software & Technology?

Book a 15-minute demo and we'll map your Software & Technology expertise to the content buyers are searching for.

Book a demo

In light of the global trend of central banks adopting a ‘higher for longer’ interest rate policy, how will telecom companies adjust their investment strategies in response to the increased cost of capital? What implications will rising borrowing rates have for the future of telecom infrastructure investment?

Phillip Colmar, Global Macro Strategist at MRB Partners, highlighted telco companies’ financial challenges in the current economic climate. Colmar, an experienced strategist and economist specializing in global multi-asset investment strategies, underscored the necessity of a strategic shift to adapt to the evolving economic landscape and its effects on telecom infrastructure development.

“It is true that those telco companies that have been spending on this infrastructure and a reliance on funding to pay for it are now gonna face much higher borrowing rates,” he said.

Article written by MarketScale.

Video TranscriptExpand ↓

Callbar from MRB partners here. It is true that those telco companies that have been spending on this infrastructure and a reliance on funding to pay for it are now gonna face much higher borrowing rates. Other words, their debt servicing costs are gonna rise. This is likely to compel them to rethink or at least slow down some of the investment. In other words, the net present value of these projects just as in what it once was when we started this and the cost of capital was near free. That being said, telcos have already been suggesting that they would reduce their CapEx after what's been a period of pretty heavy investments and heavy spending to build out their five g networks in recent years. So looking ahead, we are expecting some slowdown in this sector and investments in this area.

Your experts belong here

Every story in MarketScale Software & Technology starts with a company putting its solutions engineers, product teams, and customer engineers on the record. Buyers are already reading this topic. The only question is whose experts they find.

Buyers ask AI engines who to consider, and published expert answers are what those engines cite.

Get your team featuredSee how it works15 minutes, straight to a calendar.

About the author

Phillip Colmar
Phillip ColmarGlobal Macro Strategist & Managing Partner

Phillip Colmar has 20+ years of experience, both as a strategist and economist. He focuses on global multi-asset investment strategy, trading opportunities, and financial market risks. His expertise is in identifying and developing macro and investment themes. He has a proven track record of idea generation and outperforming the markets. Over his career, Colmar has covered all major global asset classes and has developed comprehensive frameworks, models, and indicators. Prior to forming MRB, he was the Head of both the Daily Insights and Global Fixed Income Strategy services at BCA Research Inc. Colmar has an M.Sc in Finance from Queen’s University, as well as a B.A. in Economics and a Bachelor of Business Administration (Finance) from Bishop’s University.

Follow Software & Technology Insights

Get new expert content in your inbox.

Software & Technology: are you visible to AI?

Before they reach out, Software & Technology buyers ask AI engines which vendors to trust. See how AI describes your company today, and where competitors show up instead.

Free workspace

You just read one Software & Technology expert. Your company is full of them.

This article was produced through MarketScale. The same platform turns your solutions engineers, product teams, and customer engineers into the articles, video, and social content Software & Technology buyers are searching for. Create a free workspace and see it with your own people. No credit card, no demo required.

NPS +73 · 1,000+ creators · 38+ countries

What you get, free

Your own MarketScale Studio workspace
One video edit a month, on us
AI writing, editing, and publishing tools
In-platform coaching to learn the system

More Software & Technology Insights

Groq’s $350M neocloud push and Relay’s shutdown put more pressure on enterprise AI runbooks than on model choice

Groq’s $350M neocloud push and Relay’s shutdown put more pressure on enterprise AI runbooks than on model choice

Groq's significant investment in neocloud capacity and the shutdown of Relay with its integration into Google's Chrome team highlight operational challenges in maintaining continuity and control in AI automation. This landscape shift pressures enterprise AI runbooks rather than the choice of AI models. Companies must adapt to these transitions to ensure operational stability and strategic advantage in the AI sector.

  • 01Groq has invested $350 million in expanding its neocloud capabilities.
  • 02Relay has been shut down and integrated into Google's Chrome team.
  • 03Enterprise AI runbooks are under pressure due to changes in continuity and control.

Aug 19, 2026

Alphabet’s $5.9B Q2 cash burn is turning AI infrastructure into a CFO-led capex fight in 2026

Alphabet’s $5.9B Q2 cash burn is turning AI infrastructure into a CFO-led capex fight in 2026

Alphabet's recent financial report indicated a $5.9 billion cash burn in Q2 and an increase of $15 billion in the 2026 spending outlook. This financial adjustment is influencing enterprises to re-evaluate the return on investment for GPU and data center purchases. The changes are transforming AI infrastructure investments into a capital expenditure challenge led by CFOs.

  • 01Alphabet reported a $5.9 billion cash burn in Q2.
  • 02The 2026 spending outlook is increased by $15 billion.
  • 03Enterprises are facing tougher ROI thresholds for AI infrastructure investments.

Aug 19, 2026

AI capex scrutiny is reshaping how enterprise buyers justify tech spending

AI capex scrutiny is reshaping how enterprise buyers justify tech spending

Enterprise buyers are under increased pressure to justify their technology expenditures, especially concerning AI infrastructure. The recent $890 billion loss in tech markets underscores heightened scrutiny over return on investment (ROI) for tech spending. Companies must adapt to this new environment by making strategic and well-justified tech investments.

  • 01Enterprise technology buyers face more pressure to justify AI spending.
  • 02The $890 billion loss in tech markets highlights the need for ROI focus.
  • 03Strategic decision-making in tech investments is now more crucial than ever.

Aug 18, 2026

Explore More Software & Technology Insights

Read more expert perspectives from across Software & Technology.

Browse Software & Technology Hub

About the Expert

Phillip Colmar
Phillip Colmar

Global Macro Strategist & Managing Partner

Phillip Colmar has 20+ years of experience, both as a strategist and economist. He focuses on global multi-asset investment strategy, trading opportunities, and financial market risks. His expertise is in identifying and developing macro and investment themes. He has a proven track record of idea generation and outperforming the markets. Over his career, Colmar has covered all major global asset classes and has developed comprehensive frameworks, models, and indicators. Prior to forming MRB, he was the Head of both the Daily Insights and Global Fixed Income Strategy services at BCA Research Inc. Colmar has an M.Sc in Finance from Queen’s University, as well as a B.A. in Economics and a Bachelor of Business Administration (Finance) from Bishop’s University.

For B2B teams

Your experts could be publishing here

Stories like this one run on content MarketScale captures from real practitioners. See how your team's expertise becomes coverage in Software & Technology and beyond.

Book a 15-minute demo

Or call us. No forms required. We pick up. 214-945-2512