Fierce

Private equity has a $250 million plan to build a new broadband competitor in the Sunbelt

Private equity firm Friedman Capital is looking to scoop up as many as 20 small broadband providers across the Southeastern Sunbelt region in the US, aiming to build a sizable competitor capable of bringing better broadband to parts of the country experiencing rapid population growth. Friedman Capital launched a new strategic investment fund to fuel its plan, aiming to secure $250 million in capital commitments.

Dish, AT&T object to SpaceX and T-Mobile’s spectrum request

In April 2023, the Federal Communications Commission’s Space Bureau and Wireless Telecommunications Bureau opened a proceeding to accept comments on filings by SpaceX and T-Mobile to establish supplemental wireless coverage from space.

T-Mobile makes case to FCC for Mint buyout

Representatives for T-Mobile and Ka’ ena Corporation met with Federal Communications Commission officials to argue why T-Mobile should be able to acquire Mint Mobile and Ultra Mobile from Ka’ ena. According to a June 5 , 2023 filing with the FCC, T-Mobile presented a PowerPoint spelling out why the transaction will not harm the competition or consumers.

Windstream blows past FCC foreign ownership rule to end bankruptcy saga

Windstream will walk away from its Chapter 11 bankruptcy for good following a decision from the Federal Communications Commission to waive a rule that prohibits US telecommunications carriers from having more than 25% ownership by foreign companies. The FCC waiver is the final stamp of approval for Windstream’s plan of reorganization, for which the Bankruptcy Court gave the go-ahead in June 2020.

Remote Rhode Island community turns up municipal fiber network

Block Island, located just 12 miles south of mainland Rhode Island, has launched a municipal broadband network in partnership with Sertex Broadband Solutions. Dubbed BroadbandBI, the gigabit fiber network will power the town of New Shoreham, which has a population of roughly 1,000 people. New Shoreham initially struck a partnership with Sertex in 2017 to build a municipal broadband network serving community anchor institutions, such as schools, libraries, and hospitals. That network was completed in 2019.

Fiber Broadband Association’s grassroots approach to fixing the fiber workforce shortage

As an aging workforce and a lack of interest among young people threaten to derail nationwide broadband buildout plans, the industry’s stakeholders must come together to tackle what has become a massive fiber workforce shortage, said Deborah Kish, VP of workforce development at the Fiber Broadband Association (FBA). The Government Accountability Office estimated that around 34,000 workers might be needed in 2023 to support the government’s broadband expansion programs, depending on unpredictable project timelines. And the workforce sh