Prepaid business likely to suffer from demise of ACP
If Congress doesn’t act soon, the Affordable Connectivity Program (ACP) is expected to run out of money by the end of April, leaving millions of Americans without discounted internet services.
If Congress doesn’t act soon, the Affordable Connectivity Program (ACP) is expected to run out of money by the end of April, leaving millions of Americans without discounted internet services.
It’s a no-brainer that fiber providers need some way to get the money they need for their passings targets, whether that’s tapping into government grants or private equity support. However, Frontier Communications is pursuing a third option. In August 2023, Frontier inked a $2.1 billion asset-backed securitization (ABS) deal – the first public company in the U.S.
Just because it isn’t as futuristic as we pictured doesn’t mean it hasn’t happened yet: Smart devices are on the rise, and they’re creeping into the broadband world. Our refrigerators aren’t making us sandwiches and we don’t have laundry folding robots (yet), but subtle smart home devices (a.k.a. any gadget with internet connectivity) like washing machines, smoke detectors and locks are starting to nestle into more homes.
In 2020, we manually checked availability of more than 11,000 addresses using Federal Communications Commission (FCC) Form 477 data as the “source of truth.” Based on the results, we estimated that as many as 42 million Americans did not have the ability to purchase broadband internet at the time. Since then, quite a bit has changed.
There are growing concerns among some lobbyists that 5G network operators will be able to use network slicing technology to evade the Federal Communications Commission's (FCC) proposed net neutrality rules.
The Broadband Equity Access and Deployment (BEAD) program is poised to "provide a material stimulus" to broadband service operators with respect to government-subsidized footprint expansion, but the "dollars will flow later than originally expected," a top policy analyst predicts. It's unlikely that a "significant number" of BEAD-funded networks will become operational in 2025, New Street Research's Blair Levin explained in a
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