Press Release
Verizon Announces First Quarter 2024 Earnings
Verizon reported first-quarter 2024 results with strong wireless service revenue, solid cash flow, adjusted EBITDA expansion and fixed wireless subscriber base growth. Highlights included:
Spectrum Launches Gigabit Broadband, Mobile, TV and Voice Services in Charleston County (SC)
Spectrum announced the launch of Spectrum Internet, Mobile, TV and Voice services to 400 homes and small businesses in Charleston County (SC). Spectrum’s newly constructed fiber-optic network buildout in Charleston County is part of the company’s approximately $5 billion RDOF-related investment in unserved rural communities, partly offset by $1.2 billion in the Federal Communications Commission’s (FCC) Rural Digital Opportunity Fund (RDOF) auction. The company’s RDOF expansion will provide broadband access to 1.3 million customer locations across 24 states in the coming years.
New Data Confirm Internet Isn't Broken
When the Federal Communications Commission ended the Obama Administration’s failed, two-year experiment with these heavy-handed regulations back in 2017, Title II advocates guaranteed that doing so would literally break the Internet. They claimed that broadband prices would spike, that you would be charged for each website you visited, and that the Internet itself would slow down. None of this was true. Broadband speeds increased, prices decreased, competition intensified, and years of record-breaking infrastructure builds brought millions across the digital divide.
Shapiro Administration Invests $204 Million in Federal Funding to Provide 40,000 Homes and Businesses Affordable and Reliable High-Speed Internet Across
The Pennsylvania Broadband Development Authority (PBDA) approved $204 million in Broadband Infrastructure Program (BIP) grant awards to 53 projects in 42 counties across Pennsylvania that will connect 40,000 homes and businesses, bringing high-speed internet to over 100,000 Pennsylvanians. The grants, awarded to businesses and non-profits, will be matched by more than $200 million in private investment.
Sens Cantwell, Young, Blackburn, Hickenlooper Introduce Bill to Ensure U.S. Leads Global AI Innovation
Senate Commerce Committee Chair Maria Cantwell (D-WA) and Sens Todd Young (R-IN), Marsha Blackburn (R-TN), and John Hickenlooper (D-CO) introduced the bipartisan Future of AI Innovation Act, which lays the foundation to maintain U.S. leadership in the global race to develop artificial intelligence (AI) and other emerging technologies. The legislation promotes strong partnerships between government, business, civil society, and academia to advance AI research.
More Than 160 Applications Submitted to the Biden-Harris Administration’s “Internet for All” Tribal Broadband Connectivity Program
The Department of Commerce’s National Telecommunications and Information Administration (NTIA) received more than 160 applications in funding requests totaling more than $2.64 billion for the second Notice of Funding Opportunity in the Tribal Broadband Connectivity Program.
Bipartisan, Bicameral Effort to Expand Digital Skills in Workforce Training
Representative Abigail Spanberger (D-VA-07), Senator Tim Kaine (D-VA), and Representative David Valadao (R-CA-22) introduced bipartisan, bicameral legislation to expand access to digital skills training for American job seekers. The Digital Skills for Today’s Workforce Act would amend the Workforce Innovation and Opportunity Act to establish a new “Digital Skills at Work” grant program to expand digital skills training within postsecondary education, adult education, and workforce development systems.
Oregon’s Broadband Assistance Program Announces Intent to Award
The Oregon Broadband Office is pleased to announce the awardees of the Broadband Technical Assistance Program (BTAP) grants of up to $150,000 per county which can be used for eligible broadband planning and pre-construction activities, staffing, and grant application support.
Permitting Progress to Support Internet for All
Streamlining and accelerating the permitting process is critical to implementing the Internet for All initiative. Since the passage of President Biden’s Bipartisan Infrastructure Law that provided a historic $65 billion investment to expand affordable and reliable high-speed Internet access to everyone in America, we heard from stakeholders that permitting is a significant concern in implementing the program.
Verizon provides accessible, affordable and reliable connectivity options for those who need it most
Funding for the Affordable Connectivity Program, which has helped nearly 23 million households across the nation connect to the internet, is expected to end soon. However, Verizon’s commitment to keeping families connected will continue. In 2020, the company launched Verizon Forward to help customers access affordable and reliable broadband, and the company will continue to offer the program to customers who qualify. Verizon Forward offers Verizon Home Internet (Fios, 5G Home and LTE Home) for as low as $20 per month, and is available to new and existing Verizon customers.