Overall revenue from Converged Cable Access Platform solutions in 4Q 2019 was soft, continuing a trend that has prevailed throughout 2019. Revenue in 2019 was down about 28% year on year from 2018. This softness is at least partly related to the reduction in capital spend of major MSOs. In fact, scalable infrastructure spending for Charter and Comcast was down about 35% during the same period.
Why are major operators spending less when the demand on their networks keeps growing?