> That's great, but time value of money being what it is, you'd rather pay for something later than paying for it now. That assumption only holds if the cost o

> That's great, but time value of money being what it is, you'd rather pay for something later than paying for it now. That assumption only holds if the cost of the inputs do not rise with time. In fiber builds up to 80% of the costs are labor. If/when labor costs rise more than the cost of money then you are worse off putting off an inevitable/intended investment. Furthermore if putting off an investment causes duplicate costs (build aerial, later replace with buried) or causes you to forego OPEX savings (aerial vs. buried facilities maintenance costs), then you are actually worse off by paying later. Thus the time value of money is not the end all and be all.