Several telecom and cable associations told the FCC its new broadband nutrition label requirements are hard to comply with and a burden to the industries. The point of the labels is to make it easier for consumers to compare service plans and make pricing more clear. When the agency published […]
Business
Carriers continue to make progress in cell tower site restoration in Maui, HI. The most impacted areas of the wildfires are in Kapalua, Napili-Honokowai, Kaanapali, Lahaina, Launiupoko, and Olowalu on the western portion of the island. Out of 21 total sites, five remained offline as of 6 a.m. Eastern Daylight […]
Puerto Rico’s Smart Island program submitted a five-year high-speed internet Action Plan to the federal government, reported News is my Business. To improve access to education, medical care, communication, and daily business, improving telecommunications infrastructure across the island is “very important.” “The agenda is ambitious, comprehensive, but necessary to increase […]
The European satellite firm Société Européenne des Satellites (SES) says the FCC validated the certification of the satellite company’s Phase II accelerated C-band clearing and repack activities. It completed Phase 1 in 2021. SES says it’s now completed its commitment to the FCC’s schedule to clear a portion of the […]
Verizon Business announced a strategic global partnership making HCLTech its primary Managed Network Services (MNS) collaborator in all networking deployments for global enterprise customers, bringing together two enterprise networking companies. The companies say the partnership combines Verizon’s networking power, solutioning, and scale with HCLTech’s Managed Service capabilities to usher in […]
The major carriers have positioned emergency gear into place, ready to restore power to cell sites impacted by the Maui wildfires as soon as it’s safe. Thousands of residents are without cell service, and restoration is complicated by the uncontrolled fires and power outages. “When the fires get too close […]
Part 1 DISH Network (NASDAQ: DISH) and EchoStar (NASDAQ: SATS) yesterday announced a definitive agreement to combine the two companies in an all-stock merger. When the merger completes, existing DISH shareholders will own approximately 69 percent, with existing EchoStar shareholders holding the 31 percent balance, of the common stock of […]
DigitalBridge Group (NYSE: DBRG) reported its second quarter earnings for 2023 on Friday. Total revenues were $425 million, GAAP net loss attributable to common stockholders was $(22) million, or $(0.14) per share, and Distributable Earnings were $10 million, or $0.06 per share. “We continued to advance our strategic position as […]
China Tower, based in Beijing, continues to make progress on its ‘One Core and Two Wings’ strategy. In its operating results for the first six months of 2023, the largest tower company in the world reported its portfolio grew to 2,061,000 towers across China as of June 30. That figure […]
UPDATE A shareholder of AT&T (NYSE: T) has filed what he hopes will be considered a class action lawsuit against the telecom over the lead cable issue. John Brazinsky’s class action complaint was filed in the U.S. District Court of New Jersey on behalf of those who purchased or traded […]