By a vote of 6-1, with two councilors absent, the Loveland City Council approved the second reading of an ordinance allowing the city to issue the bonds. Loveland staff will now begin the three-year process to construct a city-wide fiber broadband network that is capable of offering up to gigabit speeds for any resident or business. The city and its consultants will immediately start the process of bonding for about $97 million (the exact amount depends on a number of factors, including the interest rate on the bonds, the term of the bonds and structure of the financing).
Crown Castle: It was worth the wait
Light Reading reporter Mike Dano covered Crown Castle’s quarterly earnings conference call and the future of Crown Castle’s business. With an expected revenue growth of 0.7% in 2022 and 1.4% in 2023 through C-band deployments, Crown Castle CEO Jay Brown argued the results validate ...
Crown Castle sees 5G frenzy, raises outlook for 2021
Crown Castle’s growth is expected to be 4- 5% above the projected adjusted funds from operations (AFFO) per share for 2021 due to the significant increase in 5G deployment. This demand for highspeed internet access comes from increased demand for mobile data in the US.
The (Gradual) 5G Revolution: Next-level internet coming to Texas
Patrick Graves of Corridor News reported next-level internet is coming to Texas. Graves stated, "According to the Texas 5G Alliance, the U.S. today has more mobile devices than people. But the next stage of mobile connectivity, a series of innovations collectively dubbed "5G," promises to be a...
Meeting the Connectivity Needs of Our Nation Through Wireless Infrastructure
Crown Castle Senior Attorney, Thomas Anderson reflected on Crown Castle’s role in shaping the future of 5G throughout the pandemic. Focusing on needed regulatory relief, Mr. Anderson thanks the FCC for delivering two key infrastructure orders last year, which include the 5G Upgrade Order...
Crown Castle's Towers Plus Fiber Plus Small Cells 5G Strategy Poised For Takeoff
Seeking Alpha reported Crown Castle is set to see benefits from their fiber plus small cell strategy. The article states, "After years of strategic acquisitions, Crown Castle already has a first mover advantage and with the high barriers to entry, it would take considerable time and expense fo...
Dish strikes tower deal with Vertical Bridge
Dish Network struck its second tower deal with Vertical Bridge after signing a similar deal with Crown Castle in November. Dish’s deal with Vertical Bridge will give them immediate access to the company’s portfolio of over 300,000 sites across the US and Puerto Rico. Fierce Wireles...