Fierce
Rural internet service providers catch a break as FCC decides not to slash Universal Service support
Rural broadband providers breathed a sigh of relief after the Federal Communications Commission announced it would waive steep cuts to Universal Service Fund (USF) support which were set to take effect in July 2022.
A single telecom accounted for 20% of DDoS attacks in Q1, Lumen finds (Fierce)
Submitted by benton on Thu, 05/12/2022 - 14:40Pressure mounts for NTIA to waive Infrastructure Act “Buy American” rule for internet service providers
A key provision in the Infrastructure Investment and Jobs ACT (IIJA) calls for funding for broadband and other projects to go toward those which use products and materials containing primarily domestic-made components. But a growing number of broadband groups and vendors have told the National Telecommunications and Information Administration (NTIA) that’s just not realistic.
WOW! inches closer to wireless launch in late May 2022 (Fierce)
Submitted by Grace Tepper on Tue, 05/10/2022 - 17:02Frontier launches $1.2 billion fundraising bid to fuel fiber build
Frontier Communications is looking to raise a total of $1.2 billion through a debt offering of lien-secured notes to help keep its fiber expansion plan rolling along. The company originally planned to seek $800 million, but subsequently bumped up its target figure by $400 million. It did not provide a reason for the change. The notes on offer will bear interest at a rate of 8.75 percent each year and must be repaid by 2030. Alongside the debt, Frontier announced it increased its revolving credit facility to a total of $900 million.
Cable One says it isn't seeing fiber competition from AT&T or Lumen – yet
Cable One saw an uptick in customer growth and revenue in first quarter 2022, driven by business acquisitions, and is seeking rapid fiber expansion with its Clearwave Fiber investment. CEO Julie Laulis thinks the latter especially puts the operator in a vital position against competitors.
Dish explains the costly phone choice for its new 5G network (Fierce)
Submitted by Grace Tepper on Mon, 05/09/2022 - 15:02Dish doesn’t plan to ask for extension to 5G network build (Fierce)
Submitted by Grace Tepper on Mon, 05/09/2022 - 00:53Ting Internet prepares to square off with Verizon Fios and Comcast in Virginia
Tucows CEO Elliott Noss revealed its Ting Internet business expects to begin construction of a new fiber network in Alexandria (VA) sometime in the current quarter, after winning a bid to cover tens of thousands of locations there. The deployment will tee it up to challenge incumbent cable provider Comcast as well as Verizon Fios, which is in the process of upgrading its copper lines in the area to fiber. Noss said Alexandria already includes 90,000 serviceable addresses and is expected to grow considerably with the construction of Amazon’s new HQ2 offices in nearby Arlington (VA).