September 2018

Making Case for T-Mobile Deal, Sprint Says Its Customers Are Fleeing

Sprint is unable to recover from crippling losses and has told regulators its purchase by T-Mobile would set up a stronger competitor to wireless leaders AT&T and Verizon. Customers are fleeing the smallest of the big four US nationwide providers at an increasing rate, Sprint told the Federal Communications Commission in a Sept. 21 meeting. Revenue is dropping and the company can’t cut much more after eliminating about $10 billion in annual costs.

China is Using Tech to ‘Reset the Global Balance of Power,’ Experts Tell Congress

The government needs to diversify and strengthen its efforts to stop China from co-opting the US innovation economy to support its own global ambitions, industry experts told the House Oversight IT Subcommittee on Sept 26.  And tariffs probably aren’t the best way to do it, they said. “For more than 40 years, the US has encouraged China to develop its own economy and take its place alongside the US as a central and responsible player on the world stage,” said House Oversight IT subcommittee Chairman Will Hurd (R-TX). “China does not want to join us, they want to replace us.

You must be the change you want to see in the world

Among the hundreds of people waiting to visit Mahatma Gandhi one day was a mother who sought help in battling her son’s obsession with eating sugar. When it was their turn in line, instead of immediately counseling the boy, Gandhi asked the pair to come back in two weeks. Following a two-hour wait on the day of their return, the anxious mother repeated her request. Gandhi promptly spoke with her son and the boy agreed to work on breaking his sugar fixation.

The CAF II Auction is Over, But Commissioner O'Rielly Adds Confusion As to What Happens Next For Rural Areas That Aren't Covered

With the Connect America Fund (CAF) Phase II auction completed, the Federal Communications Commission’s next CAF responsibility will be to establish plans for the CAF remote area auction, which aims to help bring broadband to remote areas not currently addressed through the CAF program. And FCC Commissioner Michael O'Rielly is questioning whether there is sufficient funding for that auction. He said at the Sept 26 FCC meeting that the CAF II auction results suggest that $5-7 billion dollars would be needed to bring broadband to locations that will remain unserved after the CAF II auction.

Op-ed

Digital Divide Plays Role in Credit Invisibility

Creditworthy consumers can face difficulties accessing credit if they lack a credit record that is treated as "scorable" by widely used credit scoring models. These consumers include those who are "credit invisible," meaning that they do not have a credit record maintained by one of the nationwide consumer reporting agencies (NCRAs). They also include those who have a credit record that contains either too little information or information that is deemed too old to be reliable.