Treasury Ready to Send Billions to States for Broadband Projects
Friday, September 24, 2021
September 2021
Weekly Digest
Weekly Digest
In the Race for 5G, Alarm and Security Services Get Stuck in the Middle
In early 2019, AT&T announced it would phase out 3G wireless service in February 2022, meaning that devices designed to communicate using 3G technology would no longer have a connection after that date. Security systems companies were replacing the older gear when the pandemic lockdown began in March 2020. By early 2021, Covid-19 concerns had eased and people were more willing to let her workers into their homes.
Daily Digest 9/24/2021
Submitted by emily_16801 on Fri, 09/24/2021 - 11:30Daily Digest 9/24/2021
Submitted by emily_16801 on Fri, 09/24/2021 - 11:23Searchlight Capital Bets on Universal Broadband
Ajit Pai led the Federal Communications Commission as chairman during the Trump administration, after earlier serving as a commissioner during the Obama administration and as a member of the agency’s staff. Trained as a lawyer, in April 2021 he became a partner with Searchlight Capital Partners, where he helps guide the private-equity firm’s digital infrastructure investments. According to Mr. Pai, private capital can play a vital role in providing broadband internet access to the many areas of the US that still have slow service or none at all.
Treasury’s $10 Billion Capital Projects Fund Will Advance Digital Equity
The US Department of the Treasury released its long-awaited guidance for how states, territories, freely associated states, and Tribal governments can spend the $10 billion allocated in Section 604 of the American Rescue Plan Act (ARPA) for Capital Projects.