Charter Communications CEO Tom Rutledge highlighted the company’s potential to upsell broadband customers as data usage grows but noted it didn’t yet feel the need to pursue a rollout of symmetrical capabilities. The broadband provider saw "significant growth in data usage per internet customer” in Q1 2021, stating this had reached an average of about 700 GB per month.
Recently, Deb Socia posted a brilliant suggestion online: “[Internet service providers] need to identify the floor instead of the potential ceiling. Instead of ‘up to’ speeds, how about we say ‘at least’”. ISPs must report the slowest speed they are likely to deliver. I want to be fair to ISPs and I suggest they report both the minimum “at least” speed and the maximum “up to” speed. Those two numbers will tell the right story to the public because together they provide the range of speeds being delivered in a given Census.
The Public Library Association (PLA), a division of the American Library Association, and AT&T have announced a collaboration to improve digital literacy and promote broadband adoption among families and communities, particularly those who are newly connected to the internet and navigating home schooling, employment and other activities made challenging due to the COVID-19 pandemic.
Apollo Global Management agreed to pay about $5 billion to acquire Yahoo and AOL from Verizon as the wireless company exits its ill-fated foray into the media business. The private-equity firm is paying $4.25 billion in cash for a 90% share of the media assets. Verizon will keep a 10% stake and $750 million of additional preferred stock in the new company, called Yahoo, that will be formed to operate the business. Verizon Media, which mostly struggled to grow against Alphabet's Google and Facebook, generated $7 billion in revenue in 2020.
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