The Rural Utilities Service funded as part of its broadband stimulus program a project in Bretton Woods, N.H., which primarily will provide fiber to 400 ski chalets. That example is starting to make national news and was the basis of a CNN report last week. Some who have followed the NTIA and RUS programs tell as that with a second and final round of applications due starting Friday, many questions remain about the program. Meanwhile, a Treasury Department decision that grants will be subject to taxes is said likely to discourage some applicants.
Media venture capital and private equity investors are still looking for deals in ad-supported media, though they're also increasingly eying investments in gaming and mobile technology, executive told a conference Thursday. “I'm a big believer in advertising-supported companies,” said Richard Bressler, managing director of Thomas H. Lee Partners, which owns part of Univision and Clear Channel. Interactive ad technology companies are also catching investors attention, Allison Goldberg, managing director of Time Warner Investments, said at the Media Summit in New York.
The FCC is reviewing what changes might make sense for the agency’s retransmission consent dispute policies (CD March 11 p8), Chairman Julius Genachowski told the Senate Commerce Committee. “The events of the last two or three months confirmed that this is a subject that should be looked at seriously,” he said in a hearing Thursday. He and Christine Varney, assistant attorney general for the Justice Department Antitrust Division, pledged to narrowly review on the merits Comcast’s acquisition of NBC Universal.
Google’s proposed acquisition of mobile advertising company AdMob appeared to be drawing more regulatory scrutiny from the Federal Trade Commission, experts said. The agency was reportedly looking for declarations from Google rivals.
Industry heeded his complaints, voiced in July, that the first filings on the National Broadband Plan were a sign the FCC could be in trouble, National Broadband Plan Executive Director Blair Levin said Thursday at a conference. In the end, groups came though with filings that helped shape the plan, Levin said in what’s expected to be his last speech before release of the plan Tuesday.
New online tools allowing consumers to measure their broadband speeds and latency are aimed at educating consumers, supplying the FCC with data and encouraging better transparency in the industry, said FCC Consumer and Governmental Affairs Bureau Chief Joel Gurin. Broadband service providers advertise certain speeds “and most people don’t have any intuitive sense of what that performance is. [The tools] can help people really make a connection between the numerical speed and the experience their getting with broadband,” he said.
An Oklahoma proposal for a statewide toll-free calling plan is “fundamentally flawed” and should be set aside in favor of a “more targeted solution,” Verizon said in preliminary comments to the Corporation Commission. The plan proposes to ban “an entire class of competitors -- interexchange carriers -- from serving an admittedly competitive market,” the company said.
The House Commerce Committee unanimously approved an amended spectrum inventory bill (HR-3125) with stronger national security protection. The panel also Wednesday unanimously approved a bill (HR-3019) by Rep. Jay Inslee, D-Wash., that would streamline moving federal users off bands to be reviewed by a three-member technical panel reporting to the agencies. And the committee approved without objection an amended Caller ID spoofing bill (HR-1258) by Rep. Eliot Engel, D-N.Y., that would ban manipulation of Caller ID information. All three bills were reported to the full House.
A combination with competitor Leap Wireless is appealing, MetroPCS Chief Financial Officer Braxton Carter said Wednesday, providing no specifics. “Obviously, we're very interested in the combination of our companies,” Carter said at an investor conference. Many potential benefits that made a merger attractive are no longer relevant now, but there are still many positive factors, he said. “It’s important to reevaluate what your options are.” He acknowledged fierce wireless pricing competition. Carter declined to comment further on whether the companies are in talks. Leap and MetroPCS dropped negotiations in 2007 after they couldn’t agree on price. Analysts had said a deal wouldn’t face significant regulatory hurdles but there would be significant regulatory, business and technology obstacles if one of the major national carriers agreed to buy Leap (CD Feb 3 p5).
Disparate reactions greeted an order proposed Monday by an administrative law judge with the Illinois Commerce Commission opposing the proposed acquisition by Frontier Communications of Verizon landlines in that state. The companies questioned the order’s logic. The International Brotherhood of Electrical Workers and the Communications Workers of America, foes of the deal in Illinois and elsewhere, lauded the proposed order.