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).
5G can’t come soon enough for these stocks
There are three main players in the wireless tower space: $86-billion market value American Tower, $53-billion Crown Castle International—both structured as real-estate investment trusts, or REITs—and $23 billion SBA Communications (SBAC). Wells Fargo analyst Jennifer Fritzsche sa...
ABNY Talks – Mobile broadband infrastructure by Chris Levendos
Crown Castle VP of Network Engineering and Operations Chris Levendos presented on mobile broadband infrastructure to the Association for a Better New York (ABNY) this past January, stating "some of the key infrastructure investments that are necessary here in New York City to enab...
AT&T maintains top spot for US fibre lit buildings
AT&T "has topped Vertical Systems Group’s US fibre lit buildings leaderboard for the third consecutive year." Crown Castle, along with Verizon, Spectrum Enterprise, CenturyLink, Comcast, Cox, Frontier, Zayo, Altice USA and Windstream were listed as the companies with the mos...
State’s fiber investments bring speed, reliability and recognition
Crown Castle is investing in speed upgrades in Wilmington, Delaware, moving from 10gbps to 100 gbps, said Stephen Barnosky, account executive in enterprise fiber. Crown laid down its first Delaware fiber in 2005 and now has a network of more than 600 route miles statewide. To compensate for th...
Rep. Anderson files bills to move needle on rural broadband access
Texas State Rep. Charles "Doc" Anderson, R-Waco, filed two bills this legislative session that aim to increase broadband access for people who live where access to reliable internet service is limited, largely in rural areas. The proposals "call for the creation of a broadband off...
FCC spectrum auction tops $1 billion
Only seven business days after it began, the FCC’s 24 GHz spectrum auction "blow past the $1 billion mark Friday (March 22)." The FCC is auctioning the spectrum "to free up more bandwidth for 5G wireless broadband, to help close the rural digital divide, and to make wireless...