Inflation Drives Up Cost Of Internet Broadband Projects

(Colton, SD) — Inflation is affecting state plans for expanding access to high-speed internet service across South Dakota. Funding for projects in the state are losing purchasing power. Golden West Telecommunications CEO Denny Law says the price of fiber-optic cable has gone up anywhere from 15- to 50-percent since 2018 for a project near Colton. He blames the rise on higher fuel prices and rising wages. Officials are also accusing pandemic-related supply chain issues resulting in six-to-eight-month backorders on new equipment.

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