Sprint and T-Mobile continue to aggressively invest in upgrading their networks in the wake of their proposed merger, per a research note from Deutsche Bank, which noted reports from tower companies. Sprint is focusing on 2.5 gigahertz builds, while T-Mobile is investing in 600 megahertz deployments and small cell projects, analysts wrote.
Carriers in smaller markets are starting to invest in small cell projects, say Crown Castle executives, who also noted that some tower locations are now supporting multiple carriers. "If you can share the fiber, you can have a lot of efficiencies," Crown's Mike Kavanagh says.
UBreakiFix recently partnered with Nebraska Furniture Mart and is looking to develop other store-within-a-store partnerships, co-founder Justin Wetherill says. UBreakiFix also opened a store in Raymore, Mo., last week.
Federal regulators will decide in July whether to free up 500 megahertz of midband spectrum commonly known as the C-band for greater commercial use, Federal Communications Commission Chairman Ajit Pai said Wednesday. Also, FCC Commissioner Michael O'Rielly said the FCC could release a trove of midband spectrum within two years and that the auctioning of 24 GHz and 28 GHz airwaves remains on track for November.
The Federal Communications Commission has begun developing a Model Code to guide states in enacting laws regulating small cell sites. The agency acted in response to moves by 19 states to pass legislation limiting the ability of cities to make decisions over sites and fees.
Wireless carriers are underestimating how much their spectrum is worth, given the fast-rising need for bandwidth, a report from Deloitte advises, stating that companies have failed to adjust the value of frequencies they purchased years or even decades back. The consulting firm says carriers need to take the greater sophistication of communications systems into account in their valuations.
Pat Riordan, the CEO of what is now Nsight, will step down July 1 and take a consulting position with the wireless carrier; Chief Financial Officer Mark Naze will replace him. Nsight, formerly Northeast Communications, owns Cellcom, a Wisconsin-based regional carrier, as well as broadband provider Nsight Telservices.
Aon has announced that Eric Andersen, Chief Executive Officer of Aon Benfield, and Michael O'Connor, Chief Executive Officer of Aon Risk Solutions, have been appointed co-presidents of the firm, effective immediately. As co-presidents, O'Connor and Andersen will continue to report to Aon's Chief Executive Officer, Greg Case, whose contract was recently extended by the Board of Directors until April of 2023. Aon also announced it will create an integrated global Operating Committee, co-led by Andersen and O'Connor. This, along with other moves are designed to increase the rate of innovation across the firm and make it easier for colleagues to work together to bring the best of Aon to clients. Read more.
Competitive Carriers Association wants federal regulators to auction licenses for the 37, 39 and 47 GHz bands at the same time they put 24 GHz spectrum up for bid, a position shared by CTIA. Both groups sent filings to the Federal Communications Commission telling the agency that delays could hinder development of millimeter wave gear.