Joan Engebretson
BEAD Funding Could Enable Frontier Builds Outside Footprint, But Focus Will be Home Turf
Frontier Communications is “very excited” about the possibility of using Broadband Equity, Access, and Deployment (BEAD) funding to deploy fiber broadband to areas that aren’t currently part of the company’s plan to have fiber available to 10 million locations by 2025, said Chief Strategy Officer Vishal Dixit. He declined to say how many locations might be eligible for funding in the $42.5 billion BEAD program.
TDS is More Excited About Universal Service Fund's ACAM Extension Than BEAD Program
At a time when some service providers are revving up to get funding in the Broadband Equity Access and Deployment (BEAD) Program, TDS Telecom President and CEO Jim Butman had a surprising take on it. The company already has upgraded a large part of its traditional local service territory to fiber broadband but has about 500,000 locations that are served by DSL, including about 200,000 or fewer that do not have service at speeds of 25 megabits per second (Mbps) available to them. Those locations would be considered unserved and eligible for BEAD funding.
Private Equity Partner Sees Fiber Broadband as a “Competitive Moat”
Private equity firms have been investing heavily in broadband providers in recent years, typically infusing cash into their acquisitions to expand operations, increase a company’s value and then do an initial public offering or sell the company at a profit several years later. What do private equity firms look for in a broadband acquisition? How involved are they in a provider’s operations? For EQT Group, fiber is a top selection criterion in making acquisitions.
Two States Make Moves on Broadband Funding
Two states recently made moves on broadband funding. Funding bills were passed by legislatures and signed into law by governors in Alabama and Idaho. Governor Kay Ivey (R-AL) signed legislation to make $260 million in funding from the federal American Rescue Plan Act (ARPA) available for broadband deployments. The funding represents a portion of $1.06 billion that was released to the state in its final ARPA allotment.
MoffettNathanson: Cable is a Bigger Threat to Wireless Than Wireless is to Cable
Cable companies’ wireless offerings are a bigger threat to wireless providers than wireless providers’ broadband offerings are to cable companies, according to a new research note from industry financial analysts at SVB MoffettNathanson. It’s a contrarian view at a time when fixed wireless offerings from T-Mobile and Verizon are stealing cable broadband subscribers and the mobile market is heavily saturated. The researchers base their analysis on several key market realities. One of the most critical is that the wireless industry is roughly twice the size of the broadband industry.
How Will States Determine Unserved Areas for BEAD? Two States’ Plans
States are making plans for awarding funding in the Broadband Equity Access and Deployment (BEAD) program. The issue is particularly complex because concerns have arisen about how soon the Federal Communication Commission's National Broadband Map will be accurate enough to be used for that purpose. BEAD Program Director Evan Feinman advised states that they could do their own challenge process for the FCC Broadband Map. One state that plans to rely, in large part, on the FCC map is Idaho. Ramón S.
Michigan Operators Seek $1.3 Billion in Broadband Funding: $231 Million Available
Over 150 network operators applied for funding in a broadband program operated by the state of Michigan. The operators requested $1.3 billion in funding through the program, which has a budget of $231 million. Applications were due on March 15, 2023, in the Realizing Opportunity with Broadband Infrastructure Networks (ROBIN) program. The $1.3 billion in funding would have covered some of the costs of broadband deployments estimated to cost a total of $2.3 billion. The applications proposed to connect approximately 380,000 locations.
Despite RDOF Rejection, Cal.net Gears Up for FWA, Fiber Builds
Cal.net, a service provider focused on offering fixed wireless access (FWA) and fiber broadband to California’s Central Valley and rural northern California, has a new CEO and new funding.
Consolidated Communications Begins Offering Broadband Through Maine Public Private Partnership
Consolidated Communications now offers 2 Gbps symmetrical service to more than 3,000 homes and small businesses in parts of rural Maine. The deployment was funded, in part, through money awarded to the company and to the Maine Connectivity Authority. The funding came through the Broadband Infrastructure Program administered by the National Telecommunications and Information Administration (NTIA).
CostQuest Breaks Its Silence on Broadband Map Issues
The Federal Communications Commission's update of the National Broadband Map has received considerable criticism.