Skip to content
‹ 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,…

Free workspace

Turn your Software & Technology expertise into content.

Record interviews, organize footage, and write with AI on a free trial of the MarketScale platform for qualifying companies. No demo required, no credit card.

Try it Free

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.

Book DemoSee 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.

B2B Weekly

The week in Software & Technology, and sixteen other industries, every Monday.

Ten stories, one-line takes, five minutes. Free.

Software & Technology: are you visible to AI?

Before they reach out, Software & Technology buyers ask AI engines which vendors to trust. Explore how your experts, customers, and partners can become useful content for buyers and AI search.

Free Trial

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. Start a free trial and see it with your own people. For qualifying companies, no credit card, no demo required.

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

What your free trial includes

Hands-on access to the MarketScale platform
Media requests to your crowd, remote recording, AI writing tools
No demo required. No credit card.
For qualifying companies. Company confirmation required.

More Software & Technology Insights

OpenAI wants its data centers called compute campuses as voter opposition hits 73%

OpenAI wants its data centers called compute campuses as voter opposition hits 73%

An OpenAI spokesperson confirmed to Business Insider on November 1 that the company now prefers the term "compute campuses" for its data centers, and Axios reported the label is part of a policy and public relations push planned for after the midterm elections. A Quinnipiac poll of registered voters found 73% would oppose an AI data center in their community, and Pew and Heatmap surveys show similar opposition. By The Verge's account, the term first appeared on OpenAI's site in the November 2 announcement of its Grid Protectors Program, which starts with a planned Effingham County, Georgia campus where OpenAI will pay full infrastructure costs and accept up to 1,000 megawatts of curtailment. Critics quoted by The Verge said a new name does not fix the underlying concerns.

  • 01OpenAI confirmed the term "compute campuses" to Business Insider on November 1, and Axios reported it as part of a post-midterm policy and public relations push.
  • 02Quinnipiac found 73% of registered voters oppose an AI data center in their community, Pew found 54% call data centers mostly bad for the environment, and Heatmap found 75% oppose one nearby.
  • 03The Georgia template behind the rebrand: OpenAI pays full infrastructure costs for a 3,200-megawatt Effingham County campus and accepts up to 1,000 megawatts of curtailment under a 25-year Georgia Power agreement.

Nov 3, 2026

IndiaMART moves B2B buying from search to decision with agentic AI

IndiaMART moves B2B buying from search to decision with agentic AI

IndiaMART CIO Nikhil Prabhakar says B2B buying is moving from a search journey to a decision journey, with agents shifting more work onto the platform. A seller-side agent that answers enquiries comes next.

  • 01When software builds the shortlist, a supplier’s response rate and catalogue completeness can shape whether it gets shortlisted.
  • 02IndiaMART's planned seller agent learns from past Lead Manager conversations, and each seller sets how much it may send without review, a workable autonomy model for anyone automating sales follow-up.
  • 03Standardized, repeat purchases are expected to move to agents first while complex procurement keeps human judgment central, which tells suppliers which product lines to structure first.

Nov 3, 2026

As AI Chips Near 4,000 Watts, Liquid Cooling Becomes the Backbone of Data Center Design

As AI Chips Near 4,000 Watts, Liquid Cooling Becomes the Backbone of Data Center Design

Rising AI power density is pushing data centers from air to liquid cooling, with racks trending toward megawatt scale.

  • 01Data center electricity demand rose 17% in 2025, with AI-specific demand projected to triple by 2030, as racks head toward the megawatt range.
  • 02Leading-edge GPUs will exceed 4,000 W thermal design power by 2029, pushing air cooling beyond practical limits and accelerating adoption of two-phase direct liquid cooling.
  • 03Accelsius says NeuCool can cool 4,500W+ per socket and that warmer facility water can deliver about 4% annual energy savings per °C.

Nov 2, 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 Demo

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