Fierce

Verizon’s CTO said the company doesn’t plan to accelerate spending on its network due to new legislation that lowers corporate tax rates. “You probably don’t want to have big spikes in the capital allocation because then in the end it drives inefficiencies. We want to be consistent,” said Hans Vestberg, Verizon’s new CTO. “From an execution point of view you want to be consistent.” Added Vestberg: “It’s not helpful to go up and down in capital allocation because it ramps up and down resources—money wasted … But we are always debating.

Following news that all of the nation’s states have opted in to FirstNet’s public-safety network, executives at FirstNet and AT&T are now moving forward with their network buildout plans.

Frontier, Consolidated and Windstream told the Federal Communications Commission that to leverage wireless spectrum bands like 3.5 GHz to address rural broadband gaps, the current license size should be changed. In a recent joint FCC filing, the three service providers, which are all recipients of the regulator’s CAF II program, say that the larger license sizes—specifically partial economic areas (PEAs)—are too big and too expensive. As a result, the trio added that PEAs would preclude “potential participation from carriers considering deploying fixed wireless in very rural areas.”

[Commentary] It’s been two and a half years since AT&T and Nokia developed a private, secure, reliable and high-capacity LTE network for smart grid technology, and began selling it to utility companies and others. So far, AT&T doesn’t have anything to show for it.

Despite tying a projected five-year capital expenditure figure of $50 billion to the Federal Communications Commission’s recent decision to roll back its net neutrality mandates, an analysis of Comcast’s capital expenditures (capex) reveals that the top US cable operator was on track to spend about that much even before the agency voted to deregulate. 

Bonds related to KentuckyWired’s plans to build a fiber network in Kentucky via a public-private partnership received a downgrade—from stable to negative—from Moody's Investors Service.

AT&T, CenturyLink, Frontier and other providers that want to further expand rural broadband will soon be able to bid in the Federal Communications Commission’s $2 billion additional Connect America Fund II auction. The FCC has identified nearly 1 million homes and small businesses that will be eligible for broadband deployment support over the next 10 years. A large majority of the rural areas the FCC identified do not have access to broadband internet service. Given the low density of these areas, service providers are unlikely to expand service without federal support.