Across the telecommunications sector, AI investment is accelerating — but enterprise value is not keeping pace. In our latest analysis, A&M's Telecommunications & Digital Infrastructure practice examines why: the domains that offer the greatest AI opportunity are consistently the same domains with the most fragmented data, the highest system complexity, and the greatest deployment risk.

Network and service carve-outs are becoming an increasingly common feature of the US broadband landscape.

Alvarez & Marsal’s analysis shows that revenue growth accounts for roughly two thirds of the difference in valuation multiples among leading consumer packaged goods companies. Growth-led earnings are valued at twice the level of cost-driven gains.

Despite tens of billions in collective investment, a staggering 95% of enterprise AI pilots deliver zero measurable P&L impact, according to MIT’s Project NANDA. The instinct is to blame the technology, the vendors, or the talent shortage, but the data points to a different culprit: organizational design.