Apparently it is if you take the word of large telco companies.They are flying a false flag to say that unless they get billions in investment either private or by taxpayer then they wont have the money to increase the bandwidths available.
This is either because they have already had huge amounts of government /taxpayer investment that has been squandered
All the extra cabling etc has already been set up and is sitting there waiting to be used as the massive amount of investment they have received has already been spent so its a case of ignoring that and asking for more investment that wont be spent on the system anyway.
Not sure which it is but its a bit of a scare story and another false flag.
[This mostly applies to the US as it concerns american companies]