Fierce

As of June 1, the Affordable Connectivity Program has officially come and gone. Question is, now what?

Intrepid Fiber Networks is expanding its open access fiber-to-the-premises (FTTP) networks with deployments in eight more communities in Colorado and eight more towns in Minnesota. These newly announced communities are in proximity to current Intrepid deployments, representing an organic expansion of its network. These new locations will bring Intrepid’s network to over 400,000 homes and businesses passed across the two states. Intrepid, which was founded in 2021, has quickly made a name for itself because its anchor tenant for its Colorado and Minnesota networks is T-Mobile.

Wondering how the broadband equipment market is doing? Not great, according to Dell’Oro Group. In first quarter 2024, global revenue for the broadband access equipment market dropped 12 percent year-over-year to $4.1 billion, as spending in the market reached a two-year low. What’s the deal? Dell’Oro VP Jeff Heynen said that in some cases, operators are still working through excess inventory they built up in late 2022.

In a surprise turn of events, CommScope will pay $45.1 million to purchase the cable assets of Casa Systems. It had previously seemed that Vecima Networks would snag these assets from Casa's bankruptcy proceeding. But on May 29 CommScope entered the winning bid through a bankruptcy auction. A sale hearing is scheduled with the U.S.

No surprise, consumers generally want flexible internet plans. Here’s a company that’s deconstructing the typical billing scheme. Althea is a startup that’s come up with a decentralized internet service that aims to remove the "manual pieces of friction at the last mile” so that rural areas get better access to broadband. The Althea platform is comprised of two core things, CEO Deborah Simpier explained. First, it’s a machine-to-machine payment.