Cox has agreed to purchase the commercial enterprise and carrier business of fiber company Segra from private equity company EQT Infrastructure. Terms of the deal were not disclosed, although some published reports put the value of the deal at around $3 billion. Segra, based in Charlotte (NC), is one of the largest privately-held infrastructure providers in the country. As part of the deal, EQT will retain Segra’s residential and small-to-medium sized business segment in Virginia and North Carolina.
The White House released state-by-state arguments (in the form of "fact sheets") for why the President's almost $2 trillion infrastructure plan (American Jobs Plan) is necessary including painting a glass-half-empty of broadband availability, including speed and competition and price in the definition of broadband issues that need $100 billion in subsidy money to address. For example, for New York, the White House talks about almost a third of New Yorkers who live where "there is only one broadband provider" offering at least "minimally acceptable speeds." And even where broadband is availa
As expected, the Federal Communications Commission has asked the US Court of Appeals for the DC Circuit to hold off on hearing a challenge to its response to the court's remand of its Restoring Internet Freedom net neutrality deregulation order, suggesting that challenge could ultimately be moot depending on how the new FCC deals with multiple petitions to reconsider that response. "Only one of the three Commissioners who voted for the Remand Order remains on the Commission, while two of the remaining Commissioners dissented, and one of those dissenters has since become the Acting Chairwoma
Former Federal Communications Commission Chairman Tom Wheeler said broadband providers pushed for reclassification of internet access as a Title I service so that authority over their service could get put in the Federal Trade Commission and "lost" among all that agency's other responsibilities, which is what he said the Trump administration ended up doing.
The Universal Service Fund (USF) is currently on an unsustainable financial path, funded by a regressive surcharge on a shrinking base of telephone customers. If it isn’t fixed, and fixed quickly, the fund won’t be able to meet its mandate and fulfill its connectivity promise – not just to the next generation, but to the current one. So how do we fix USF?
A House Commerce hearing on March 22 showcased tense partisan divisions over potential broadband infrastructure fixes. The sparring comes as Biden’s advisers eye up to $3 trillion in proposed economic boosts that could be split across multiple packages and would include explicit broadband and 5G provisions.