The Credit Suisse Global Telecoms team unveils aggressive forecasts for fixed broadbandgrowth. Due to COVID-19, politicians and regulators are encouraging investment to bridge the

‘digital divide’, and we expect total high-speed broadband subscribers to reach 1.0 bn by 2023.

Broadband access has become a global priority. Due to COVID-19, fixed broadbandaccess has become a necessity, and the pandemic has highlighted the ‘digital divide’ topoliticians. This is now influencing the regulatory environment and encouraging investment.As operators upgrade to fibre and DOCSIS 3.0/3.1/4.0, we project that the high-speedbroadband subscriber base ex-China will grow at double digits (10.5% CAGR) acrossFY19-22. Total high-speed broadband subscribers are set to reach 1.0 bn by 2023.