Reporting

$20 Billion Verizon 5G

Absolutely not announced but I'm sure they made the go decision. Recent actions have made clear Verizon is going forward to 30-50 million homes, probably 2019-2022. This will require 100,000's of thousand of small cells and possibly over a million. Verizon wants the best network in America, probably unmatched in any other part of the world as well. Senior executives have made a dozen statements pointing the way. Verizon is a world leader in 5G research, with eleven cities mostly installed and about to go live. (Fixed only, upgrading to mobile as soon as it is ready ?2020-2021.) The technology has improved so much in the last year the engineers are confident. The cost is coming in lower than expected. Verizon can expect some crucial marketing and lobbying advantages. Everything has come together to make this the logical move for Verizon.

House Intelligence Chairman Devin Nunes recuses himself from Russia probe

House Intelligence Committee Chairman Devin Nunes (R-CA) temporarily recused himself April 6 from all matters related to the committee’s ongoing probe into Russia’s interference in the presidential election, as House investigators look into ethics allegations against him. Chairman Nunes said that he decided to recuse himself after “several leftwing activist groups” filed complaints with the Office of Congressional Ethics about his leadership. Chairman Nunes called the charges “entirely false and politically motivated,” but said his recusal would be in effect while the House Ethics Committee looks into the matter. The House Ethics Committee released a statement saying it had “determined to investigate” allegations that “Nunes may have made unauthorized disclosures of classified information, in violation of House Rules, law, regulations, or other standards of conduct.” Chairman Nunes said in his statement that he has requested to speak to the House Ethics Committee “at the earliest possible opportunity in order to expedite the dismissal of these false claims.” In the meantime, Chairman Nunes said Rep Michael Conaway (R-TX) will take the lead on the Russia investigation, with assistance from Reps Trey Gowdy (R-SC) and Thomas Rooney (R-FL).

Broadcasters Set New $40 Billion Spectrum-Clearing Price

The third stage of the Federal Communications Commission's broadcast incentive spectrum auction closed Dec 1 after 52 rounds, with the broadcasters' new asking price now $40,313,164,425 for 108 MHz of spectrum. That is less than half of the broadcasters' original asking price, though that was for more spectrum. The FCC has said stage three of the forward auction is likely to begin Dec. 5, with all eyes on whether those bidders—wireless companies and others—will beat, meet, or at least approach that total. Beating or meeting it means the auction can close and the FCC can start the process of repacking TV stations into the smaller space, at least after there is a second mini-auction to allocate specific frequencies to the winning bidders.