Who owns, controls, or influences media and telecommunications outlets.
In Satellites, Antitrust Could Lead to Less Competition
For stock investors, a new risk is orbiting the satellite market: By trying to preserve competition, antitrust regulators could end up placing even more power in the hands of a privately-owned behemoth—Elon Musk‘s Starlink. California’s Viasat announced a $7.3 billion takeover of British satellite telecommunications company Inmarsat in late 2021, making it a centerpiece in the long-awaited consolidation of the satellite market. Yet, despite the deal being cleared by the U.K.
Elon Musk’s Twitter Takeover Triggers Partisan Clash on Government’s Role
Elon Musk’s takeover of Twitter is fueling a partisan clash in Washington, as Democrats raise concerns about the platform’s security and Republicans counter that the criticism is a thinly veiled attempt to stamp out conservative voices on the site.
Was This $100 Billion Deal the Worst Merger Ever?
When AT&T’s bold megadeal to buy Time Warner was announced in October 2016, combining AT&T’s broadband and wireless networks with Time Warner content, many analysts and investors cheered. They loved the promise of cutting out the cable middleman and delivering entertainment directly to people’s TVs, laptops, and phones. With Hillary Clinton seemingly poised to be the next president, the regulatory landscape looked favorable.
Broadband provider deploys fiber service with a wrinkle—the users themselves own each network
A recent article about Silicon Valley residents who formed a co-op Internet service provider might have people wondering what it would take to get the same thing in their hometowns. The most obvious obstacle is the price—in Los Altos Hills, California, residents have had to pay anywhere from $5,000 to $12,000 upfront for a fiber-to-the-home Internet connection. But the company that built the Los Altos Hills network says its model isn't just for wealthy people. "This is not the 1 percent solution, as people derisively call it to my face," Next Level Networks CEO David Barron said.
FCC Grants 900 MHz Broadband Segment Applications
The Federal Communications Commission's Wireless Telecommunications Bureau granted nine 900 MHz broadband segment license applications to PDV Spectrum Holding Company in Missouri and Kansas. On May 13, 2020, the Commission realigned the 900 MHz band to make available six megahertz of low-band spectrum for the development of critical wireless broadband technologies and services, while reserving the remaining four megahertz of spectrum for continued narrowband operations.
Twitter’s potential collapse could wipe out vast records of recent human history
Almost from the time the first tweet was posted in 2006, Twitter has played an important role in world events. The platform has been used to record everything from the Arab Spring to the ongoing war in Ukraine. It's also captured our public conversations for years. But experts are worried that these rich seams of media and conversation could be lost forever if Elon Musk tanks the company.
SpaceX just bought a big ad campaign on Twitter for Starlink
Elon Musk’s aerospace business SpaceX has ordered one of the larger advertising packages available from Twitter, the social media business he just acquired in a $44 billion deal and where he is now serving as CEO.
Northleaf Capital Partners buys controlling interest in Mercury Broadband
Northleaf Capital Partners acquired a controlling interest in Mercury Broadband and will invest up to $230 million over the next several years to support the provider’s expansion plans. Mercury Broadband, also known as Mercury Wireless, won Rural Digital Opportunity Fund (RDOF) money to cover some of the costs of deploying a combination of fixed wireless and fiber broadband to unserved and underserved rural areas of Indiana, Michigan, Ohio, Illinois, Missouri, Kansas, Iowa, and Nebraska. Northleaf, a “global private markets investment firm,” raised $21 billion in private equity, private cre
Musk backs Republicans ahead of midterms
Elon Musk waded into uncharted political waters when he urged “independent-minded voters” to cast their ballots for Republicans in the 2022 midterm elections, making the kind of explicit endorsement his fellow tech CEOs have avoided in the past. “To independent-minded voters: Shared power curbs the worst excesses of both parties, therefore I recommend voting for a Republican Congress, given that the Presidency is Democratic,” Musk wrote on Twitter. The tweet garnered over 43,000 retweets and over 279,000 likes after it was posted.
Cable One doubles down on fiber with $50 million Ziply investment
Cable One stuck invested $50 million to acquire a minority stake in northwestern US operator Ziply Fiber, part of the $450 million new funding Ziply received. WaveDivision Capital and Searchlight Capital Partners were among the other investors who contributed. Cable One handed Ziply an initial $22.2 million in November 2022 and expects to dole out the remaining $27.8 million before the end of September 2023. The investment netted Cable One less than a 10% equity interest in Ziply. The move is Cable One’s latest in the fiber realm.