Cable companies could soon find themselves stuck between a rock and a hard place as battles with fiber-to-the-home providers for subscribers intensify. Analysts at Cowen Equity Research noted cable’s standard response to competition from these players has been to lock in subscribers with promotional rates.
The US Department of the Treasury is exempting telecommunications services from ongoing sanctions against Russia. The move, confirmed April 7, follows requests from advocacy groups who feared a disruption would cut off Russian activists’ access to the outside world. It may not, however, cause companies that voluntarily cut off access to restore it.
Charter said it has applied to receive $21 million in funding through the Tennessee Emergency Broadband Fund – American Rescue Plan program to cover the majority of the costs for a rural broadband build in Henderson County (TN). The company has become quite aggressive on rural broadband, which it sees as an opportunity to gain broadband and video subscribers in markets with little or no competition. The company was one of the biggest winners in the Rural Digital Opportunity Fund (RDOF) rural broadband auction.
After Russia launched its invasion, Ukrainian officials pleaded for Elon Musk’s SpaceX to dispatch their Starlink terminals to the region to boost Internet access. “Starlink service is now active in Ukraine. More terminals en route,” Musk replied to broad online fanfare. Since then, the company has cast the actions in part as a charitable gesture.
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