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1、Copyright 2025 GSMAMobile Infrastructure Investment LandscapeExploring the investments into the infrastructure that provides the mobile internet connectivityMarch 2025The GSMA is a global organisation unifying the mobile ecosystem to discover,develop and deliver innovation foundational to positive b

2、usiness environments and societal change.Our vision is to unlock the full power of connectivity so that people,industry,and society thrive.Representing mobile operators and organisations across the mobile ecosystem and adjacent industries,the GSMA delivers for its members across three broad pillars:

3、Connectivity for Good,Industry Services and Solutions,and Outreach.This activity includes advancing policy,tackling todays biggest societal challenges,underpinning the technology and interoperability that make mobile work,and providing the worlds largest platform to convene the mobile ecosystem at t

4、he MWC and M360 series of events.This report has been prepared by Kearney in collaboration with GSMAs Digital Infrastructure Policy&Regulatory team,and we accept no responsibility for any other use that might be made of it.For further information on this report and other policy research studies,plea

5、se contact:Dr.Mani Manimohan,Head of Digital Infrastructure Policy&Regulation,We invite you to find out more at Follow the GSMA on X:GSMAKearney is a leading global management consulting firm with more than 5,700 people working in more than 40 countries.Kearney works with more than three-quarters of

6、 the Fortune Global 500,as well as with the most influential governmental and nonprofit organisations.Learn more:ContentsExecutive summary 2Context 3The investment framework 4Introduction 5The framework for internet connectivity infrastructure investment 6Quantification methodology 11The investment