Fierce

The Federal Communications Commission will soon issue a report to Congress on the options for the troubled Universal Service Fund (USF). When it issued a Notice of Inquiry in December 2021, the FCC asked for input because the cost to consumers who support the USF has been increasing.

T-Mobile informed the Securities and Exchange Commission (SEC) that it is buying additional 600 MHz spectrum from Channel 51 License and LB License for a total cost of $3.5 billion. About $1.9 billion will be paid to 51 License, and about $1.6 billion will be paid to LB License. The licenses range from 10 MHz to 30 MHz per market and cover over 108 million points-of-presence, or about one-third of the US population. The licenses are already being used by T-Mobile through exclusive leasing arrangements with the sellers.

Executives from fixed wireless provider Starry said that the company is performing well despite the tough macro-economic environment. The reasons it’s immune to the today’s economic climate? It’s better, faster and cheaper, said Starry co-founder and CEO Chet Kanojia, adding that because the company’s fixed wireless access (FWA) service is positioned well is because it is prepaid and therefore has minimal bad debt exposure.