Wireless Internet

Charter Communications released its third quarter earnings for 2023, reporting that total residential and small and medium business ("SMB") Internet customers increased by 63,000. As of September 30, 2023, Charter served a total of 30.6 million residential and SMB Internet customers. Third quarter total residential and SMB mobile lines increased by 594,000, and Charter currently serves a total of 7.2 million mobile lines. As of the end of the third quarter, Charter had a total of 32.2 million residential and SMB customer relationships, which excludes mobile-only relationships.

You may recall a number of years ago when Google experimented with delivering broadband from balloons in an effort labeled Project Loon. The project was eventually dropped, but a remnant of the project has now resurfaced as Taara—broadband delivered terrestrially by lasers. Project Loon functioned by beaming broadband from dirigible to receivers on the ground, and Taara sprung out of the idea of using those same lasers for terrestrial broadband. Taara claims to be able to beam as much as 20 gigabits for 20 kilometers (12 miles).

Competitive Carriers Association CEO Tim Donovan said he’s encouraged by the White House’s request to Congress to fill the $3 billion gap in the Federal Communications Commission’s Secure and Trusted Communications Networks Reimbursement Program, aka “Rip and Replace.” But it’s critical that the funding gets allocated ASAP, he added. Of course, when legislation actually clears both the House and Senate is anyone’s guess. The Senate Appropriations Committee has a hearing scheduled on Oct 31 to review the administration’s national security supplemental request.

The open access fiber network business model consists of a network operator who builds, manages and owns the fiber network and multiple ISPs who sell wholesale access to the network and resell it to residential and business customers. The ISPs are responsible for all the customer acquisition and support costs/activities, while the network operator is responsible for network operations. This type of shared network model is very popular in Europe largely because regulators have mandated it to level the competitive playing field.

Comcast reported results for the third quarter (Q3) ended September 30, 2023. The company reported the domestic broadband average rate per customer increased by 3.9 percent and drove domestic broadband revenue growth of 3.8 percent. Fierce reported that Comcast continued to lose broadband subscribers in the third quarter, with executives predicting slightly higher losses for Q4. However, the company touted an uptick in broadband average revenue per user (ARPU).

Verizon Communications reported third-quarter results and raised its free cash flow guidance for 2023. The company's performance was highlighted by continued wireless service revenue growth, total broadband net additions, and improving profitability. Total broadband net additions of 434,000, representing the fourth consecutive quarter that Verizon reported more than 400,000 broadband net additions. Total broadband net additions included 384,000 fixed wireless net additions, an increase of 42,000 fixed wireless net additions from third-quarter 2022.

The Federal Communications Commission's Wireline Competition Bureau seeks additional comment on the proposed eligible services list (ESL) for the schools and libraries universal service support mechanism (more commonly known as the E-Rate program) for funding year (FY) 2024. On September 12, 2023, the Bureau released a Public Notice seeking comment on the proposed ESL for FY 2024. Subsequently, on October 19, 2023, the FCC adopted a Declaratory Ruling regarding Wi-Fi on school buses.

T-Mobile released its third-quarter earnings for 2023. The company reported postpaid net account additions of 386,000 and postpaid net customer additions of 1.2 million, a decrease of 401,000 year-over-year. The company's postpaid phone net customer additions totaled 850,000. T-Mobile saw 557,000 high-speed internet customer additions, a decrease of 21,000 year-over-year. Total net customer additions were listed as 1.3 million, which decreased by 427,000 year-over-year. The total customer count increased to a company-record high of 117.9 million.

The Missouri Department of Economic Development (DED) awarded a total of $12 million through the Cell Towers Grant Program for 29 projects. Grant awards will be used to construct new towers that provide quality cellular service and greater 911 connectivity to high-cost areas. The program, funded through the American Rescue Plan Act (ARPA), is focused on investing in the expansion of cellular service statewide.

Here’s everything we have on deck for our November Open Meeting.