Fierce

Consolidated shareholders approve private equity acquisition

Consolidated Communications is one step closer to taking its company private, as shareholders approved the proposed $3.1 billion acquisition by Searchlight Capital Partners and British Columbia Investment Management Corporation (BCI). Approximately 75% of Consolidated’s shareholders voted yes on the private equity deal, which is expected to close by the first quarter of 2025.

T-Mobile’s network chief awaits remaining 2.5 GHz

T-Mobile has yet to take possession of the 2.5 GHz spectrum that it acquired via auction in 2022 to fill holes in rural territories across the US, but it’s ready to roll when the spectrum does become available. Congress passed legislation requiring the Federal Communications Commission to release the 2.5 GHz spectrum from Auction 108 and President Joe Biden signed the 5G Spectrum Authority Licensing Enforcement (SALE) Act into law in December 2023.

Cable keeps lagging in customer satisfaction, compared to fiber and fixed wireless access

It seems cable internet providers are still lagging behind in customer satisfaction, especially when it comes to cost. In a 2024 CableTV survey, the best major internet service providers for overall satisfaction were either fiber or wireless providers, those being Google Fiber, T-Mobile, Verizon and AT&T.

US population growth stalls but wireless subscription growth booms

During the fourth quarter 2023, the top three wireless operators in the US reported a total of 1.78 million new postpaid phone subscribers. How can each carrier report growth in postpaid phone subscribers each quarter in a country whose population is not growing very much? Recon Analytics Analyst Roger Entner said that question is top-of-mind among the operators, who pay Recon substantial sums of money for survey data to try and figure out the answers.

Broadband across the nation: 2024 funding tracker

Tracking broadband funding awards as they happen. In January 2024:

Here’s what regional, local internet service providers are saying about an ACP shutdown

The fate of the Affordable Connectivity Program (ACP) remains unknown, but with the Federal Communications Commission scheduled to halt new enrollments in February, internet service providers are thinking about how a shutdown would impact the consumers relying on the subsidy. Some of the bigger companies like AT&T, Comcast and Verizon, said on their earnings calls they have backup plans if the ACP goes away. But what do the regional and rural providers think about the situation?

Breezeline finishes $80 million fiber expansion in West Virginia and New Hampshire

Breezeline closed out construction projects in both West Virginia and New Hampshire.

Electric co-ops are ready to compete in broadband market

The National Rural Electric Cooperative Association (NRECA) is urging Congress to increase minimum uplink standards for broadband networks funded by the federal Broadband Equity, Access and Deployment (BEAD) program.