Fierce

A private equity firm based in Canada may prevent a lot of rural US Midwesterners from getting fiber broadband. But that’s OK with the Federal Communications Commission (FCC) and National Telecommunications and Information Administration (NTIA) because it’s all perfectly legal. Mercury Broadband, which is majority owned by the private equity firm Northleaf Capital Partners, has claimed it covers vast swathes of Michigan, Kansas and Indiana with its fixed wireless access (FWA) broadband service.

If Congress doesn’t act soon, the Affordable Connectivity Program (ACP) is expected to run out of money by the end of April, leaving millions of Americans without discounted internet services.

It’s a no-brainer that fiber providers need some way to get the money they need for their passings targets, whether that’s tapping into government grants or private equity support. However, Frontier Communications is pursuing a third option. In August 2023, Frontier inked a $2.1 billion asset-backed securitization (ABS) deal – the first public company in the U.S.

Just because it isn’t as futuristic as we pictured doesn’t mean it hasn’t happened yet: Smart devices are on the rise, and they’re creeping into the broadband world. Our refrigerators aren’t making us sandwiches and we don’t have laundry folding robots (yet), but subtle smart home devices (a.k.a. any gadget with internet connectivity) like washing machines, smoke detectors and locks are starting to nestle into more homes.

As the Federal Communications Commission (FCC) considers pleas for more lenient Rural Digital Opportunity Fund (RDOF) fines, electric co-ops are saying it's time for defaulters to own up. Internet service providers (ISP) have been defaulting on RDOF grants for years and have been struck with sizeable penalties from the FCC as a result.

Tillman Fiber is expanding its fiber networks in Florida, and it has confirmed that it’s “collaborating” with T-Mobile on the project. The fiber network expansion will serve four areas of the state, including the cities of St. Petersburg, Fort Myers, Naples, Pensacola, Miami, Palm Beach, Ft. Lauderdale and Kissimmee. We already knew that Tillman was working with T-Mobile in the Florida counties of Pinellas and Polk, which includes St. Petersburg and Lakeland.

Wireless internet service providers (WISPs) hit a homerun when federal officials clarified that areas covered by broadband running on Citizens Broadband Radio Service (CBRS) spectrum could be marked as served for purposes of BEAD. Many folks in the fiber broadband community are not familiar with wireless internet service and the rules regarding wireless spectrum.