Wireless Telecommunications

AT&T, T-Mobile, and Verizon made more money from providing wireless services in the third quarter of 2023 compared with the prior year as they added phone lines and nudged many clients toward more expensive plans. The boost in service revenue helped offset weaker equipment sales as purchases of pricey phones slowed at their stores and websites. “Customers are holding on to their phones longer,” said Tony Skiadas, finance chief for Verizon, the country’s largest wireless carrier by subscribers.

The information collected by, and stored within, mobile networks can represent one of the most current and comprehensive dossiers of our life. Our mobile phones are connected to these networks and reveal our behaviours, demographic details, social communities, shopping habits, sleeping patterns, and where we live and work, as well as provide a view into our travel history. This information, in aggregate, is jeopardized, however, by technical vulnerabilities in mobile communications networks.

Charter Communications released its third quarter earnings for 2023, reporting that total residential and small and medium business ("SMB") Internet customers increased by 63,000. As of September 30, 2023, Charter served a total of 30.6 million residential and SMB Internet customers. Third quarter total residential and SMB mobile lines increased by 594,000, and Charter currently serves a total of 7.2 million mobile lines. As of the end of the third quarter, Charter had a total of 32.2 million residential and SMB customer relationships, which excludes mobile-only relationships.

You may recall a number of years ago when Google experimented with delivering broadband from balloons in an effort labeled Project Loon. The project was eventually dropped, but a remnant of the project has now resurfaced as Taara—broadband delivered terrestrially by lasers. Project Loon functioned by beaming broadband from dirigible to receivers on the ground, and Taara sprung out of the idea of using those same lasers for terrestrial broadband. Taara claims to be able to beam as much as 20 gigabits for 20 kilometers (12 miles).

Competitive Carriers Association CEO Tim Donovan said he’s encouraged by the White House’s request to Congress to fill the $3 billion gap in the Federal Communications Commission’s Secure and Trusted Communications Networks Reimbursement Program, aka “Rip and Replace.” But it’s critical that the funding gets allocated ASAP, he added. Of course, when legislation actually clears both the House and Senate is anyone’s guess. The Senate Appropriations Committee has a hearing scheduled on Oct 31 to review the administration’s national security supplemental request.

Comcast reported results for the third quarter (Q3) ended September 30, 2023. The company reported the domestic broadband average rate per customer increased by 3.9 percent and drove domestic broadband revenue growth of 3.8 percent. Fierce reported that Comcast continued to lose broadband subscribers in the third quarter, with executives predicting slightly higher losses for Q4. However, the company touted an uptick in broadband average revenue per user (ARPU).

Verizon Communications reported third-quarter results and raised its free cash flow guidance for 2023. The company's performance was highlighted by continued wireless service revenue growth, total broadband net additions, and improving profitability. Total broadband net additions of 434,000, representing the fourth consecutive quarter that Verizon reported more than 400,000 broadband net additions. Total broadband net additions included 384,000 fixed wireless net additions, an increase of 42,000 fixed wireless net additions from third-quarter 2022.

Recent telecommunications conferences have yielded one consistent disconnect – between wireless carriers seeking details about future spectrum allocations and government representatives offering vague assurances of better bandwidth to come. Consider the quizzing of Scott Blake Harris, senior spectrum advisor and director of national spectrum strategy at the National Telecommunications and Information Administration, at ForumGlobal's 12th Americas Spectrum Management Conference in Washington on October 10.

T-Mobile released its third-quarter earnings for 2023. The company reported postpaid net account additions of 386,000 and postpaid net customer additions of 1.2 million, a decrease of 401,000 year-over-year. The company's postpaid phone net customer additions totaled 850,000. T-Mobile saw 557,000 high-speed internet customer additions, a decrease of 21,000 year-over-year. Total net customer additions were listed as 1.3 million, which decreased by 427,000 year-over-year. The total customer count increased to a company-record high of 117.9 million.

The Missouri Department of Economic Development (DED) awarded a total of $12 million through the Cell Towers Grant Program for 29 projects. Grant awards will be used to construct new towers that provide quality cellular service and greater 911 connectivity to high-cost areas. The program, funded through the American Rescue Plan Act (ARPA), is focused on investing in the expansion of cellular service statewide.