Bluepeak struck a franchise agreement with the City of Norman, Oklahoma, to bring fiber service to nearly 55,000 residents and businesses. The operator is pouring $55 million in capital into the buildout, marking Bluepeak’s largest investment in a single market outside of South Dakota. Asked what made Bluepeak select Norman as its next expansion target, an representative said proximity was a key draw.
Every 15 years or so, it seems, the US economy rolls into a ditch — and the tech industry pulls something remarkable out of its labs. Here we are again! Silicon Valley's favorite bank has failed, while its top firms continue to lay off hordes of workers — but, at the same time, industry leaders foresee vast new growth spurred by artificial intelligence (AI).
Cable companies’ wireless offerings are a bigger threat to wireless providers than wireless providers’ broadband offerings are to cable companies, according to a new research note from industry financial analysts at SVB MoffettNathanson. It’s a contrarian view at a time when fixed wireless offerings from T-Mobile and Verizon are stealing cable broadband subscribers and the mobile market is heavily saturated. The researchers base their analysis on several key market realities. One of the most critical is that the wireless industry is roughly twice the size of the broadband industry.
Two things are clear in an internet satisfaction report commissioned by Amdocs and conducted by researchers at Dynata: Broadband generally is working well and many see it as a necessity. The survey found that 89% of respondents said they have reliable access and that the number of homes with more than nine connected devices has almost doubled since 2021. Only 13% of homes with annual incomes of less than $50,000 per year (low-income) have more than nine connected devices.
States are making plans for awarding funding in the Broadband Equity Access and Deployment (BEAD) program. The issue is particularly complex because concerns have arisen about how soon the Federal Communication Commission's National Broadband Map will be accurate enough to be used for that purpose. BEAD Program Director Evan Feinman advised states that they could do their own challenge process for the FCC Broadband Map. One state that plans to rely, in large part, on the FCC map is Idaho. Ramón S.
Is the broadband industry reaching maturity? There was still significant growth in broadband over the last few years. In 2019, national broadband subscribers grew by 2.6%. That leaped to 4.5% in the 2020 pandemic year. In 2021, broadband growth slowed to 2.8% but rebounded to 3.3% in 2022. The 2022 growth rate is likely inflated by rural broadband growth, as practically all the overall industry growth for the year came from cellular fixed wireless access (FWA) broadband provided by T-Mobile and Verizon. What would a mature broadband market look like?
The Alternative Connect America Model (A-CAM) program is a monthly subsidy from the Federal Communications Commission’s Universal Service Fund (USF) that covers about 1.27 million Broadband Serviceable Locations. A-CAM's funding comes from a surcharge on phone bills. But the “contribution base” — the number of phone lines — is shrinking. That means to generate the same amount of money, the percentage of the total phone bill needs to go up. That’s been happening quarter-over-quarter for years.
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