Telecommunication

Starry, a Boston-based fixed wireless broadband provider, is going public with FirstMark Horizon Acquisition Corp in a business combination valued at $1.66 billion. It marks a big turning point for Starry; the provider is using 802.11 technology to disrupt the home broadband space, going up against cable companies and increasingly, wireless carriers. The company charges $50 per month for internet service.

Fueled by the slowdown of broadband subscriber additions, Wells Fargo media analyst Steven Cahall estimates that as penetration rates rise and DSL competition sputters, the cable sector could be entering a period of diminished profitability. Most cable operators have warned that subscriber additions would be lower as pandemic lockdowns disappeared and workers returned to their offices. But adding to the pressure is increased penetration of homes with annual household incomes above $25,000 — now at about 100 percent — and the continued slide of digital subscriber line (DSL) service.

Chariton Valley Wireless, a provider in Northeastern Missouri, is selling its wireless assets to Verizon, AT&T and USCelluar. According to Federal Communications Commission filings, Verizon will receive 2 AWS-1 licenses and 2 cellular licenses. AT&T will receive 3 - 700 MHz band licenses. US Cellular will receive 2 PCS licenses.

AT&T saw notable drops in mobile traffic in major cities when Facebook and its popular Instagram, WhatsApp and Messenger apps went offline for hours during a massive global outage. In two cities, mobile traffic declines hit double digits – 11 percent in New York City and 10.6 percent in Houston – on October 4 during the six-hour period “coinciding with a disruption across several top social media platforms,” AT&T said. Mobile traffic on AT&T’s network in Arkansas and in Miami/South Florida plunged 9.9 percent each, while Chicago was down 9.2 percent during that time.

Missouri’s Public Service Commission (PSC) is allowing Ameren Missouri to lease a section of unused fiber to another company seeking to expand broadband coverage. Ameren sought a 20-year “dark fiber” lease agreement with MCC Network Services to provide internet service along a 1.6 mile stretch between where the Mississippi River crosses from Missouri to Illinois.

A broadband expansion project in Fond du Lac County (WI) aims to increase access to high-speed internet for rural residents while also laying the foundation for further internet connectivity. The county will be the prime issuer of $80 million in bonds to support a multi-county broadband expansion project by Bug Tussel Wireless, LLC. The Fond du Lac County Board has approved a resolution to enter an agreement with Bug Tussel and subsequent intergovernmental agreements between the counties benefiting from the project.

The Federal Communications Commission's "rip and replace" program, formalized in June 2021 as the Secure and Trusted Communications Networks Reimbursement Program, is designed to reimburse small carriers so they can tear out network equipment from Chinese vendors like Huawei and ZTE that the US government has deemed insecure. The program's goal is to finance the replacement of that equipment with gear from "trusted" vendors.

City officials in Tupelo (MS) allowed an electronic cooperative the option to use its utility poles to provide broadband services more efficiently to some Tupelo residents. The Tupelo City Council voted to accept a pole attachment agreement between the city and Tombigbee Fiber, which will allow the organization to place attachments on city-owned utility poles for broadband services. A small portion of city residents are customers of Tombigbee, but the organization does not offer broadband internet services citywide.

Democratic aides have been fleeing the Hill for lobbying gigs with major tech and telecom companies — just as lawmakers are preparing to tighten regulations on those same companies. More than a dozen senior Democratic tech and telecom policy staffers have left the Hill this year, many of them heading to the likes of Facebook, Apple, Verizon and Charter Communications. Others have left for Biden administration posts. They’re taking with them specialized knowledge on issues like artificial intelligence, data privacy and broadband.

The 2021 BKD Rural Telecommunications Benchmark Study is unique in that it has data from 170 rural telecommunications companies in 18 states. Every year the BKD study provides an in-depth look at how the rural telecommunications industry has performed. This year we look at the impact of 20 years of broadband services. The biggest takeaways from the 2021 Rural Telecommunications Benchmark Study are: