The GSMA has published a fascinating and in-depth review of the financial impacts of certain extreme weather events caused by a heating climate. Frontier Economics, which carried out the research for GSMA, predicts an 80% increase in cell site repair and replacement costs by mid-century, which could equate to just over $3 billion per year in costs, per operator – equivalent to 1.6% of global capex spending. The report offers an insight into the costs of repairing cell sites and associated infrastructure by putting a number on the problem, something which telcos, and most corporates, are hesitant to do. However, the report is limited in its scope somewhat, since it only focuses on storms, river flooding, and coastal flooding, and does…