Verizon is pleased with the performance of its fixed wireless network, 5G Home, which has offered better speeds than promised in "a lot of cases," said Chief Financial Officer Matthew Ellis. Although the service was introduced in four initial markets using non-standard equipment, Verizon plans "to transition to the global standard as soon as equipment is available," Ellis said.
The Federal Communications Commission said it will restart the clock on its six-month review process for T-Mobile's proposed merger with Sprint on Dec. 4, a move that sparked the two telecoms' CEOs to meet. Regional carrier C Spire last week asked the FCC for "alternative relief" as a condition for approving the deal and the agency, in turn, has asked for public opinion of the transaction.
Proponents of freeing up wireless spectrum in the 3.5 gigahertz Citizens Broadband Radio Service space have expressed concerns privately that the Commerce Department is taking too long to test the technology, an assessment the government denied. Also, Ruckus Wireless partnered with American Tower to build a CBRS network for Phoenix's ISM Raceway opening weekend of car racing.
Microsoft will use its white space technology to deliver broadband service to members of the Flathead Indian Reservation in Montana, a move that was met with skepticism from the Montana Telecommunications Association. The company said it will serve about 50,000 people with the next step in its Airband Initiative, but an MTA official said the build could prove costly and redundant.
Broadcast groups from every state are urging the US Senate to pass the PIRATE Act, which would raise the penalty for unlicensed broadcasters to $2 million per incident as well as ensure scheduled bi-annual identification and enforcement by the Federal Communications Commission for the top five markets. The legislation passed the House with bipartisan support over the summer.
21st Century Fox's Lachlan Murdoch held a stockholder meeting on Wednesday and confirmed that Fox, the company's shortened name following the Disney deal, will be focused on news, sports and TV content. Some employees from other departments, such as Fox Studios, are concerned the leaner Fox will make it more challenging for them to distance themselves from the news organization, with one source saying, "... it's getting harder to justify that I contribute financially to Fox News and that it contributes financially to me."
Bids began slowly trickling in Wednesday for the Federal Communications Commission's 28GHz auction, which may have been hampered by Verizon's ownership of half the spectrum. The auction is scheduled to last for a few more weeks and is expected to attract more bids later on in the process.
NBC's "Meet the Press" came out ahead in Sunday's political show ratings for the fourth week in a row, with 3.389 million viewers, but like all such shows, it is still losing the 25- to 54-year-old demographic. CBS's "Face the Nation" and ABC's "This Week" came in second and third place with more than 3 million viewers; "Fox News Sunday" finished last among the networks, watched by only 1.459 million people.
Cisco continued its rebound in its fiscal first quarter, beating Wall Street's estimates on revenue and profits, and CEO Chuck Robbins said newly enforced tariffs have yet to negatively affect business. Revenue in the company's largest unit, its infrastructure-platforms business, rose 9% from the same period a year earlier, and other divisions also performed strongly.
AT&T is planning to introduce its WarnerMedia streaming service in the US next year before any potential overseas expansion, and it may include programming from outside content creators, according to a source. The service is expected to be available toward the end of next year and will compete with Netflix, Amazon and other OTT service providers.