A bipartisan group of Senators introduced the Broadband Grant Tax Treatment Act. If passed, the measure would change the Internal Revenue Code to ensure that funding directed for broadband implementation from the Infrastructure Law and the American Rescue Plan will not be considered taxable income. Grants awarded to industry […]
Business
Inside Towers Exclusive UPDATE The pending sale of Parallel Infrastructure, a build-to-suit tower operator, from Apollo Global Management, Inc. (NYSE: APO) to Harmoni Towers has been put on hold by Delaware’s Chancery Court after Australia-based property investor Lendlease America Inc. sought an emergency court order to block the sale. Lendlease’s […]
Ian made landfall in Florida yesterday as a Category 4 hurricane, bringing 155 mph winds, heavy rain and historic storm surge, noted CNN. Thousands of homes were left without power even before the storm tracked across the middle of the state. As of noon Wednesday, nearly 200,000 were without power […]
British Prime Minister, Liz Truss, announced she will approve hiring foreign fiber broadband engineers due to a domestic shortage. ISPreview reported that U.K. network operators and ISPs are facing a deficiency of skilled workers as the country funds the most extensive broadband rollout in its history. Currently, over one hundred […]
According to global technology intelligence firm ABI Research, changes in the economic climate and geopolitical volatility will lead to a seven percent year-over-year decline in the smartphone market. “The challenging headwinds and notable inventory corrections conspired to outweigh any growth potential in 1H 2022, which has tempered smartphone demand amid […]
Comcast (NASDAQ: CMCSA) has clarified its intentions for its wireless business. “We have no plans to build out a full national wireless network,” stated Tom Nagel, Comcast SVP, Wireless Strategy, in a blog post on the company’s website on Wednesday. “Rather, where it makes sense, we plan to selectively deploy […]
The FCC added equipment and services from two entities – Pacific Network Corp. and its wholly-owned subsidiary ComNet (USA) LLC, and China Unicom (Americas) Operations Limited – to its list of communications equipment and services that have been deemed a threat to national security. The move is meant to strengthen […]
Facing new competition from low Earth orbit (LEO) satellites, satellites are going hybrid in their attempts to increase speeds and reduce latency. Among the strategies revealed this month, established Geostationary (GEO) satellites are combining with terrestrial wireless and satellites in different orbits. One example is Hughes Network Systems, LLC, which […]
UPDATE Ligado Networks told the FCC this week it won’t go through with a planned trial deployment on its L-band spectrum in northern Virginia. In a letter to the agency, Ligado told the Commission it needs time to discuss with NTIA how “to resolve in a fair and reasonable manner […]
The FCC wants to tackle space junk. But you can’t just put a satellite whose job is completed in a recycle bin. Chairwoman Jessica Rosenworcel circulated for a vote among her colleagues new rules that would require satellite operators in low-Earth orbit to dispose of their satellites within five years […]