Digital assets, including cryptocurrencies, have seen explosive growth in recent years, surpassing a $3 trillion market cap last November and up from $14 billion just five years prior. Surveys suggest that around 16 percent of adult Americans – approximately 40 million people – have invested in, traded, or used cryptocurrencies.
With practically every telecom and cable company moving to step up their fiber buildout plans over the next few years, MoffettNathanson senior analyst Craig Moffett wonders if the recent acceleration in construction was indeed too much, and whether telecom and cable companies will be able to justify the cost.
Lawyers for Cox Communications will begin oral arguments on March 9 in the appeal of a $1 billion copyright infringement award that it says is not only wrong on a legal basis, but could upend the entire broadband industry if it is allowed to stay.
Additional details (including time) for this hearing will be announced the week before the hearing.
Hon. Jessica Rosenworcel
Chairwoman
Federal Communications Commission
Hon. Brendan Carr
Commissioner
Federal Communications Commission
Comcast CEO Brian Roberts said that the company’s mobile virtual network operator (MVNO) service runs on “the best network.” Roberts was referring to the fact that Xfinity Wireless rides on Verizon’s network due to a wholesale agreement between the two companies. Roberts bragged that Comcast and Verizon recently updated their agreement to make improvements. The wholesale agreement specifies that Comcast can use its Citizens Broadband Radio Service (CBRS) spectrum to offload mobile traffic from Verizon’s network.
Altice USA CEO Dexter Goei revealed the operator’s long-talked about multi-gig service launch is fast approaching and it expects to announce the first of hopefully many broadband grant wins in the coming weeks. Goei said Altice in recent months has stepped up promotional activity in areas where it overlaps with Verizon’s Fios service in order to “keep the pressure up” on its competition. He added it could soon gain the upper hand in their ongoing battle.
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