LICT Corp. announced in its second quarter earnings report released Friday that it has completed its spinoff of Michigan Broadband on August 31. The spinoff company is now known as MachTen Inc. Each LICT shareholder received 150 shares of MachTen…
RDOF
RDOF Winner Highline Completes Fiber Deployment in Michigan’s Thumb
Competitive rural-focused fiber broadband provider Highline says that it has completed construction of an area known as “The Thumb” area of Michigan and now is offering broadband to more than 8,000 households in Sanilac, Tuscola, Lapeer and St. Clair counties….
RDOF Winner Coalition Requests Emergency Relief, Citing COVID-Driven Cost Increases
The Coalition of RDOF Winners has filed an emergency petition with the FCC regarding their request for extra funding or other relief measures. The group argues that the COVID pandemic has raised deployment costs dramatically and that the funding they…
RDOF Winner Coalition Still Hopes for Additional Funding Due to Increased Costs
A group known as the Coalition of RDOF Winners is still hoping that the FCC will release additional funding to them to help cover the large increases in deployment that the winners have experienced since the RDOF rural broadband funding…
CFO: Charter Has Won Over $700M in Broadband Funding Since RDOF
Charter has now won $700 million in broadband funding since its big win in the 2018 Rural Digital Opportunity Fund (RDOF) auction, said Jessica Fischer, the company’s chief financial officer, on today’s second quarter earnings call. The $700 million in…
RDOF Winners Seek Solutions to Rising Build Costs, Rosenworcel Nixes One Idea
Deployment cost estimates underlying winning RDOF bids are no longer accurate, representatives for a coalition of RDOF winners told FCC officials on Friday. The representatives suggested several possible remedies, including providing additional funding and other ideas. In a letter summarizing…
Charter Completes RDOF-Funded Fiber Build in SC Community
Columbia, South Carolina – June 27, 2023 – Spectrum today announced the launch of Spectrum Internet, Mobile, TV and Voice services to more than 300 homes and small businesses in Newberry County, South Carolina. Spectrum’s newly constructed fiber-optic network buildout in…
RDOF Defaults Estimate: Over $2.8B- What Happens to That Money?
Nearly every winning bid in the RDOF rural broadband funding program has now either been authorized or deemed to be in default. Of the $9.2 billion over 10 years tentatively won in the auction, over $2.8 billion has gone into…
FCC Proposes $8M in Fines Against Starry, GeoLinks, 20 Other RDOF Bidders
The FCC is proposing $8 million in fines against 22 bidders in the Rural Digital Opportunity Fund (RDOF) auction in connection with defaulted bids. Companies with the highest proposed fines are Starry/Connect Everyone (over $3.8 million), GeoLinks (nearly $3.1 million),…
EXCLUSIVE: Despite RDOF Rejection, Cal.net Gears Up for FWA, Fiber Builds
Cal.net, a service provider focused on offering fixed wireless access (FWA) and fiber broadband to California’s Central Valley and rural northern California, has a new CEO and new funding. And as the new CEO, Jack Barker, explained in an exclusive…
Big RDOF Winner Nextlink Internet Buys Nebraska Fiber Operator
Nextlink Internet, which was one of the top 10 winners in the Rural Digital Opportunity Fund (RDOF) rural broadband funding auction, has purchased most of the assets of Bluestem Network, a fiber broadband provider based in Lancaster and Seward Counties…
Charter Shares Rural Broadband Take Rate Success
Charter hopes to complete its RDOF-funded rural broadband deployment ahead of time, said Chris Winfrey, Charter president and CEO, on today’s fourth quarter earnings call. The take rate in those areas is ahead of expectations, he said. Charter made broadband…
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