Ubiquitous access to high-quality broadband connectivity is crucial for digital transformation, economic growth, and productivity. The challenge lies in ensuring sustained long-term investments in broadband infrastructure. This report examines the diversity of actors in the financial landscape of connectivity infrastructure, highlighting trends in broadband network financing and future implications. It focuses on five important groups that invest in and provide funding for broadband infrastructure: communication operators, tower companies, big technology companies, financial asset managers, and the public sector. Communication operators saw revenue growth from 2008 to 2022, but their investment decisions going forward will depend on future returns and interest rates. Meanwhile, tower companies, big technology companies, and financial asset managers are reshaping the connectivity landscape. Finally, the report looks at the public sector, which plays an important role in enabling investments in communication infrastructure.