Ownership

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

Gerald M. “Jerry” Levin, a television executive who rose to the top of Time Warner and orchestrated its ill-fated merger with America Online, which defined his legacy, died at the age of 84 in Long Beach (CA). Levin played a key role in the creation of HBO, helped spearhead the merger of Time Inc. and Warner Media, and led the subsequent acquisition of Ted Turner’s media holdings—including CNN—to create the largest news and entertainment company in the world.

The House voted overwhelmingly to approve a bill on that would ban TikTok from operating in the US or force a sale, with lawmakers largely shrugging off a last-minute lobbying push by the Chinese-controlled service and setting the stage for a final showdown in the Senate, where lawmakers have been cooler on the legislation. The measure passed the House 352 to 65, with one member voting present, showing broad bipartisan support for cracking down on TikTok over national-security concerns. The popular short-video app has faced scrutiny over the way its algorithm works to select content for use

Alabama is getting a major open access fiber boost via private investment. Meridiam, an infrastructure investment firm, is kicking off a $230 million project to build an open access network that will reach 17 Alabama cities, including Selma and Demopolis. It aims to eventually cover 53,000 homes and businesses in partnership with Yellowhammer Networks, a fiber-to-the-premises network developer that’s financed by Meridiam. This is far from Meridiam’s first time riding in the broadband infrastructure rodeo.

Visionary Broadband—a provider of high-speed internet service to communities in the rural West including Colorado, Wyoming and Montana—announced the acquisition of Aristata Communications. Aristata CEO Carlin Walsh said the acquisition will provide Aristata access to capital to upgrade aging and outdated infrastructure in order to provide its current and future customers with reliable high-speed internet they need and deserve. Aristata has long used Visionary’s dual-routed network to reach the internet and observed Visionary’s technical and operational abilities during that time.

A federal appeals court tossed a $1 billion verdict won by music publishers against Cox Communications, ordering a new trial on how much the internet provider should owe in damages for illegal downloads by its customers. The case stems from a 2018 copyright-infringement lawsuit filed by leading record companies and music publishers, including Sony, Universal Music and Warner Music.

My biggest pet peeve about the Federal Communications Commission's mapping is that the agency made the decision to give power over the mapping and map challenge process to CostQuest, an outside commercial vendor. The FCC originally awarded CostQuest $44.9 million to create the broadband maps. Many people think that was an exorbitant amount, but if this was the end of the mapping story, fine.

A new sports streaming bundle from ESPN, Fox and Warner Bros.

Sago Internet, based in Medina County (TX) has acquired Somerset, TX-based ClearBadger LLC for an undisclosed price. Sago Internet was founded in 2021 by Medina County residents. It was formed as a fixed wireless provider, but apparently is branching out into fiber, as the company noted that it plans to expand its wireless and fiber internet services.

Just over a year has passed since AT&T and asset management firm BlackRock formed Gigapower, a joint venture (JV) that’s providing a wholesale open access fiber network to AT&T’s out-of-footprint territory. Gigapower announced plans to build in Albuquerque, New Mexico. CEO Bill Hogg said the JV is currently constructing networks in five states; Alabama, Arizona, Florida, Nevada and Pennsylvania. AT&T, which is serving as Gigapower’s anchor tenant, is offering service on the network in Arizona, Florida and Nevada.