Shenandoah Telecommunications announced that it will invest in its Beam and Glo Fiber divisions now that T-Mobile has bought its wireless assets. Glo Fiber uses fiber optic infrastructure for residential broadband service and Beam offers 5G through fixed wireless in rural areas.
Queen Anne's County in Maryland is working with Atlantic Broadband, ThinkBig Networks and Talkie Communications to expand broadband service in several remote areas. The organizations plan to use state funding for the project.
The Senate agreed to take up debate on a bipartisan infrastructure bill that includes $65 billion to fund broadband, which it defines as downstream speeds of 100 megabits per second with 20 Mbps upstream. President Joe Biden stated that the legislation "will deliver high speed internet to every American" and that low-cost plans will be a requirement of funding for providers.
Apple reported the best spring quarter in the company's history as iPhone sales soared by 38% while revenues grew year-to-year by 36% and executives projected an annual $86 billion profit. The company cited strong sales of the 5G-enabled iPhone 12 as a factor for the growth, which exceeded analysts' projections, but representatives also warned that the shortage of chips could lead to slower activity in the months ahead.
Qualcomm executives expect the chip shortage to last until the middle of 2022, but leader Cristiano Amon says the company has gained some extra capacity by working with third-party semiconductor makers. Demand for phones with 5G compatibility helped revenues and profit for Qualcomm's last fiscal quarter exceed Wall Street estimates, the chipmaker reported, and that trend is likely to continue.
Vexus Fiber, with investment from Oak Hill Capital and Pamlico Capital, plans to begin construction this fall for fiber-to-the-home connectivity that is capable of 10G speeds. The project is expected to take two years and serve 35,000 locations in the Texas community of San Angelo.
Partnerships between localities and private internet service providers are crucial to improving broadband access in underserved areas, writes Steven Koltai of the Brookings Institution, and federal funding efforts should prioritize them. He explains that ISPs require cooperation from localities to make operation in some rural regions commercially viable.
Sources say that the newest draft of the compromise infrastructure bill requires that internet service providers offer upload speeds of 20 megabits per second and download speeds of 100 Mbps to receive funding, rather than the symmetrical 100 Mbps rates that some groups were advocating. WISPA recently argued that symmetrical speeds were unnecessary because most people "use at least eight times more download bandwidth than upload bandwidth."
The Citizens Broadband Radio Services market and 5G radio access network investments are expected to reach up to $1 billion combined by 2025, Dell'Oro Group predicts. Fixed wireless access is a major part of the initial spending.
Samsung's upcoming foldable phones will contain "more durable, stronger materials" as well as an S Pen specially made for the devices, leader TM Roh posted in advance of an Aug. 11 event. He also confirmed that Samsung will not release a new Galaxy Note phone in 2021.
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