FCC: Broadband Market is on the Cusp of Generational Change

On Friday, December 30, 2022, the Federal Communications Commission released its third Communications Marketplace Report. In the RAY BAUM’S Act of 2018, Congress requires the FCC to assess the state of competition in the communications marketplace. Every two years, the FCC must evaluate competition to deliver voice, video, audio, and data services among providers of telecommunications, providers of commercial mobile service, multichannel video programming distributors, broadcast stations, providers of satellite communications, internet service providers (ISPs), and other providers of communications services. The FCC last completed a marketplace report in 2020 under then-Chairman Ajit Pai. Here we focus on the FCC's findings concerning broadband, a market, the commission notes, that is "on the cusp of generational change" because of the $65 billion that the Infrastructure and Investment and Jobs Act is investing in broadband adoption and deployment throughout the country.