Reporting
The future of broadband mergers and acquisitions
You can’t go far in the broadband industry without hearing about some internet service provider getting acquired or an investment from a private equity company. Brightspeed, Consolidated Communications and Wire 3 are a few recent examples. Ropes & Gra
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Kendall County, Illinois Receives $15 Million for Broadband
A $15 million grant from the Illinois Office of Broadband will make Kendall County’s plan to provide high-speed internet to nearly all residents of the County possible. Kendall County announced that with the grant award, it intends to develop a public-private partnership that will result in more than $40 million in investment in a community-owned broadband network.
The fight to ensure internet access for low-income Americans
Every once in a while, a bipartisan group of lawmakers comes together to support a popular policy that fulfills the interests of industry leaders and everyday Americans alike. These instances are supposed to be the slam dunks of legislating, a time for lawmakers to prove they are interested in governing to the advantage of their constituents. It’s all easier said than done.
ACP, excluded from House spending package, creeps closer to death
The House of Representatives unveiled a $1.1 trillion spending package on March 21 that, if passed, will keep the government from shutting down this weekend. What it won't do, however, is fund the Affordable Connectivity Program (ACP) before it ends in May 2024. With April set as the ACP's final month of full funding, advocates had hoped to see Congress fund the program in must-pass spending legislation. In addition to the ACP, another top priority for the telecom industry is getting more funding for the Secure Networks Program, also known as rip-and-replace.
Report: 42 Percent of Rural/Small Town Homes Passed by Fiber
Among residents in cities and suburbs, about 55 percent have been passed by at least one fiber provider, while among those in small towns and rural areas, only about 42 percent have been passed, according to a study by RVA LLC. This leaves a small town/rural opportunity for an initial passing of about 22 million homes.
The Universal Service Fund is stuck in its own Groundhog Day
It seems like the Universal Service Fund (USF) has been stuck in a loop for years, as debates over how it could be improved and better funded rage on. There are plenty of possible solutions on the table, yet the wheels just keep on spinning.
The death of the Affordable Connectivity Program could cut $4 billion out of telecom industry
According to a new report from the financial analysts at New Street Research, the US telecommunications industry stands to lose roughly $4 billion in market value–and $1.1 billion in revenues–if the Affordable Connectivity Program (ACP) ends.
The Municipal Broadband Solution
The Affordable Connectivity Program (ACP) has proven to be a digital lifeline for its 23 million beneficiaries. However, although lawmakers have known for over a year that the fund would be bankrupt by this spring, GOP congressional leaders have not budged on even bipartisan attempts to save the ACP, prompting the Federal Communications Commission (FCC) to announce in January the wind down the popular program. It’s a major setback for the “Internet for All” effort,
Municipalities can apply for BEAD. Will it matter?
In spite of all the public broadband haters, municipalities will be allowed to vie for money from the Broadband Equity, Access and Deployment (BEAD) program.
Connecticut Residents Bracing for Loss of ACP Subsidiary
The clock is ticking on a federal internet subsidy that affects about 5,000 East Hartford (CT) households. The Affordable Connectivity Program provides $30-a-month subsidies to low-income households and requires internet providers to offer packages as low as $30 a month to those households to make it more affordable to needy families. But unless the federal government acts soon, the program could go away by the end of April.