01/21/2022
The next five years will be a "golden age" for FTTP investment, Wells Fargo says, projecting 42 million new fiber passings built from 2021-2025 and 80% of those will come from AT&T, Lumen, Frontier , Windstream and Verizon, all DyCom's customers.
Dycom (DY) is up 5.3% following an upgrade to Overweight at Wells Fargo, from Equal Weight, based on increasing confidence that an inflection in fiber-to-the-premises is on the way