Ownership

Mobile communications markets are usually characterized by a limited number of operators. Despite being markets exhibiting high concentration, many mobile network operator mergers have been recently proposed and approved subject to remedies (or commitments by the merging parties). The research investigates the merger induced effects on consumer surplus, in which a model has three firms selling horizontally and vertically differentiated products.

Black Rock, AT&T, and Gigapower executives shared their vision for the joint venture and how they expect to change attitudes toward open access. Adam Waltz, Managing Director of Black Rock’s Global Infrastructure Fund was excited because the company sees the US as underpenetrated when it comes to fiber broadband. Gigapower CEO Bill Hogg said, “scale will be a differentiator” beacuse the network’s scale will appeal to service providers interested in offering service over the network because “you don’t want to make [them] invest over and over with a lot of small players.” Erin Scarborough

SpaceX’s satellite-internet division has outpaced rivals and generated surging revenue, but it hasn't lived up to Elon Musk’s ambitions. Starlink reported $1.4 billion in revenue for 2022—up from $222 million in 2021. However, the company had predicted the business would be bigger by now: a 2015 presentation SpaceX used to raise money from investors projected that Starlink would generate almost $12 billion in revenue and $7 billion in operating profit in 2022. Starlink is key for Musk's plans to send humans to Mars. Global spending on high-speed internet is orders of magnitude bigger than o

A wide range of telecommunication companies and trade associations in the US oppose a new Federal Communications Commission proposal that would require regular reassessments of a foreign carrier's authorization to provide service in the US.

Several years ago, Comcast acquired wireless spectrum in the CBRS and 600 MHz bands as a key building block to host even more data traffic on its own wireless networks. Beginning Sept 2023, after successful employee tests of the CBRS spectrum, Xfinity Mobile and Comcast Business Mobile customers in Philadelphia will start connecting to the company's new 5G network for the first time. This strong CBRS spectrum performance has made Comcast realize that it is unlikely to need the 600 MHz spectrum licenses that it currently holds to support wireless customers.

The National Content & Technology Cooperative (NCTC), formerly known as the National Cable Television Cooperative, has completed the build of its Connectivity Exchange platform, which allows NCTC broadband provider members to compete for and win bids to provide services to commercial customers through a single unified network. Initially focused on negotiating video-related deals for smaller broadband and pay TV provider members, the NCTC's focus has expanded to include offerings such as a mobile virtual network operator offering through AT&T.

Frontier Communications CEO Nick Jeffery said the company's fiber securitization will give it funding through the end of its target year of 2025, and a “very clear path” to hit 10 million fiber passings. In August, Frontier closed its fiber securitization notes offering as part of a $2.1 billion financing, a significant jump from its initial goal of raising $1.05 billion.

The National Rural Telecommunications Cooperative (NRTC), a membership cooperative of rural electric and telecom providers, has acquired Pivot Group, a marketing and customer experience (CX) agency that serves rural broadband providers. NRTC traditionally has focused on technology, helping members plan, deploy and manage technology investments.

Dish Network defended its request for more time to buy 800 MHz spectrum from T-Mobile, telling a Washington (DC) court that it boils down to the final judgment the court approved in 2020. Dish originally was supposed to exercise its option to purchase the spectrum by June 30, 2023, but received an extension.

LICT completed its spinoff of Michigan Broadband on August 31, 2023. The spinoff company is now known as MachTen. LICT, a rural broadband consolidator with operations in several states, withdrew from the Rural Digital Opportunity Fund (RDOF) program due to “substantial cost increases and other significant changes within the organization since we first participated and won in the RDOF public auction.”