AT&T CEO John Stankey specified the main factors that AT&T considers for a fiber build. For about three years, AT&T has been clearly communicating its two main focuses—5G and fiber. In terms of fiber, it set a goal to pass 30 million locations with fiber by 2025. It closed 2022 with a total of 24 million passings. Stankey said the fiber build and the consumer response to it have been going well.
The prospect of billions of dollars flowing to states from the Broadband Equity Access & Deployment (BEAD) program is causing private equity companies to also flood the market with investment funds for fiber. On a panel at the recent Connect(X) conference in New Orleans (LA), panelists were asked if private equity companies will compete for BEAD funds or if they will add to the overall investment in fiber.
Viasat will likely be able to move forward with its acquisition of Inmarsat after the Federal Communications Commission signed off on the deal. The transaction was first agreed upon by California-based Viasat and London-based Inmarsat more than 18 months ago, but has been deferred by review processes in both the U.S. and U.K.
Tuesday, May 23, 2023
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