Category: Broadband News

News And Reviews – Broadband News

AT&T plans to use cell towers to bring internet access to thousands in rural South Carolina 0

AT&T plans to use cell towers to bring internet access to thousands in rural South Carolina

AT&T is planning to use cell towers across South Carolina to bring high-speed broadband to rural areas where internet access is slow to nonexistent. The telecom giant says it’s in the process of installing antennas capable of connecting thousands of people in sparsely populated corners of the state. Roughly 12,000 homes and businesses will have access to the new service by the end of the year.

The work covers some 20 counties in South Carolina under a Federal Communications Commission initiative to boost access in underserved areas. Company spokesman Daniel Hayes declined to say which areas would get service. AT&T is receiving $9.7 million a year from the government in return for connecting more than 30,000 customers here by the end of 2020.

Nationwide, the company is getting almost $428 million a year to extend access to 1.1 million customers in 18 states, the FCC says 1 . The federal subsidy, which was announced in 2015, is meant to boost investment in high-cost areas, where long distances and low density typically keep telecom companies away. In South Carolina, 38 percent of people in rural areas — nearly 605,000 in all — don’t have access to high-speed internet, FCC records show 2 , compared with 8 percent in urban areas.

The subsidized areas lack download speeds above 3 megabits per second, which is roughly equivalent to a DSL connection. Under the FCC program, they’ll be guaranteed a minimum of 10 Mbps, which is still slow by modern standards. Hayes said AT&T’s early tests have “easily” met that mark.

Hayes says the service will cost $60 a month, plus a one-time installation fee of $99, but discounts will be available for customers who buy other AT&T services. AT&T’s plan is to rely on its existing infrastructure and avoid laying new fiber by beaming signals from the cell towers it already has, a model known as fixed wireless. “Because of the wireless aspect of it and the greater ability to deliver that last-mile connection, it does help to overcome any obstacles that may be in the cost equation,” Hayes said. “This initial build, with it being infrastructure that we have in place with these towers, that comes from years of investment.” The idea is similar to satellite internet, with a receiver the size of a laptop installed outside. Unlike a signal beamed down from space, however, fixed wireless customers will need a clear line of sight to a tower, and they’ll need to be within a few miles.

Fixed wireless has emerged as a promising solution to the problem of the U.S.’s disconnected communities since it’s far cheaper than laying fiber cables that reach every home in America. The model is common in Western states, but it hasn’t been tried extensively in the Palmetto State. South Carolina has the third-lowest fixed wireless coverage in the country, ahead of only New Jersey and Hawaii, according to the research firm BroadbandNow 3 .

But it’s likely to spread, said Jim Stritzinger, the executive director of Connect South Carolina, which studies the state’s broadband networks.

Fixed wireless transmitters have become more effective and cheaper to install in recent years, making it a more practical solution. “It hasn’t been the technology of choice in South Carolina until recently,”Stritzinger said. “The cost of it has come way down, and the capability has gone way up.

The economics of fixed wireless have really changed in the last couple of years.” References ^ FCC says (apps.fcc.gov) ^ FCC records show (apps.fcc.gov) ^ BroadbandNow (broadbandnow.com)

Broadband Tower, Inc. (JASDAQ:3776): Honing in on the Technicals 0

Broadband Tower, Inc. (JASDAQ:3776): Honing in on the Technicals

At the time of writing, Broadband Tower, Inc. (JASDAQ:3776) has a Piotroski F-Score of 4. The F-Score may help discover companies with strengthening balance sheets. The score may also be used to spot the weak performers.

Joseph Piotroski developed the F-Score which employs nine different variables based on the company financial statement. A single point is assigned to each test that a stock passes. Typically, a stock scoring an 8 or 9 would be seen as strong.

On the other end, a stock with a score from 0-2 would be viewed as weak. Investors are always looking to gain any possible advantage in the stock market. Knowing the various risk and return possibilities for various types of stocks can be critical to positive performance.

Creating a balanced equity portfolio may be the essential first step when thinking about diving into the equity markets. Investors may come from all different types of backgrounds, and they may face completely different situations. Each investor may need to identify their objectives and try to figure out what’s best for their specific situation.

Investors may want to take a conservative approach to the markets. Others will be looking to go in full throttle with a very aggressive plan. Whatever the choice, it is important to note that picking stocks based on previous returns will never guarantee future returns.

Investors have many choices they can make when looking to purchase stocks. Figuring out levels of risk, expectations of returns, and the overall investment time horizon can all play a big part in crafting the initial plan. Turning to Free Cash Flow Growth (FCF Growth), this is the free cash flow of the current year minus the free cash flow from the previous year, divided by last year’s free cash flow.  The FCF Growth of Broadband Tower, Inc. (JASDAQ:3776) is .  Free cash flow (FCF) is the cash produced by the company minus capital expenditure.  This cash is what a company uses to meet its financial obligations, such as making payments on debt or to pay out dividends.  The Free Cash Flow Score (FCF Score) is a helpful tool in calculating the free cash flow growth with free cash flow stability – this gives investors the overall quality of the free cash flow.   MF Rank The MF Rank (aka the Magic Formula) is a formula that pinpoints a valuable company trading at a good price.

The formula is calculated by looking at companies that have a high earnings yield as well as a high return on invested capital. The MF Rank of Broadband Tower, Inc. (JASDAQ:3776) is 6241. A company with a low rank is considered a good company to invest in.

The Magic Formula was introduced in a book written by Joel Greenblatt, entitled, “The Little Book that Beats the Market”. The Q.i. Value of Broadband Tower, Inc. (JASDAQ:3776) is 43.00000.  The Q.i.

Value is a helpful tool in determining if a company is undervalued or not.  The Q.i. Value is calculated using the following ratios: EBITDA Yield, Earnings Yield, FCF Yield, and Liquidity.  The lower the Q.i. value, the more undervalued the company is thought to be.

Value Composite The Value Composite One (VC1) is a method that investors use to determine a company’s value.  The VC1 of Broadband Tower, Inc. (JASDAQ:3776) is 33.  A company with a value of 0 is thought to be an undervalued company, while a company with a value of 100 is considered an overvalued company.   The VC1 is calculated using the price to book value, price to sales, EBITDA to EV, price to cash flow, and price to earnings.  Similarly, the Value Composite Two (VC2) is calculated with the same ratios, but adds the Shareholder Yield.  The Value Composite Two of Broadband Tower, Inc. (JASDAQ:3776) is 32. Volatility Stock volatility is a percentage that indicates whether a stock is a desirable purchase.  Investors look at the Volatility 12m to determine if a company has a low volatility percentage or not over the course of a year.  The Volatility 12m of Broadband Tower, Inc. (JASDAQ:3776) is 35.966100.  This is calculated by taking weekly log normal returns and standard deviation of the share price over one year annualized.   The lower the number, a company is thought to have low volatility.  The Volatility 3m is a similar percentage determined by the daily log normal returns and standard deviation of the share price over 3 months.  The Volatility 3m of Broadband Tower, Inc. (JASDAQ:3776) is 33.320900.  The Volatility 6m is the same, except measured over the course of six months.  The Volatility 6m is 39.556900. ERP5 Rank The ERP5 Rank is an investment tool that analysts use to discover undervalued companies.

The ERP5 looks at the Price to Book ratio, Earnings Yield, ROIC and 5 year average ROIC. The ERP5 of Broadband Tower, Inc. (JASDAQ:3776) is 5829. The lower the ERP5 rank, the more undervalued a company is thought to be.

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TIS17: Pole Attachment Delays Mar Broadband Infrastructure Rollouts 0

TIS17: Pole Attachment Delays Mar Broadband Infrastructure Rollouts

INDIANAPOLIS – Rising pole attachment fees and delays in obtaining necessary permits from municipalities are the biggest roadblocks in building out broadband infrastructure in rural America, a panel of experts said at The Independent Show Monday (July 24). Read More: Get complete coverage of #TIS17. 1 ShenTel EVP and chief operating officer Earle MacKenzie said for the small market telecom company, simply obtaining permission to string its lines on a utility pole and obtaining a reasonable rate can delay projects for months. “It’s a different story with each pole owner,” MacKenzie said at the panel session, moderated by Kelly, Drey & Warren LLP partner Tom Cohen. One of the major issues is getting a good estimate upfront and getting detailed billing so we know what we’re paying for.” He added that last year, ShenTel had 60 construction projects that were delayed an average of 60 days because of pole attachment issues.

While obtaining permits and getting local government approvals can be a hassle, Chattanooga mayor Andy Berke, who has overseen the construction of one of the most extensive municipal broadband networks in the country, said they are necessary. “We really care about aesthetics,” Berke said, adding that making sure the city gets a fair price and engages with its contractors to make sure the process goes smoothly. “We don’t want 25 people digging up streets. We want to dig once.” But he added that cities want to be fair to contractors, while keeping their priorities straight. “Part of the challenge for us is to set up a regulatory scheme and a payment scheme that is fair to the city and constituents and to allow the economic development to put people to work,” Berke said McKenzie added that Chattanooga can be the exception. Many municipalities, he added, have no clue what they want or how to get it.

He pointed to a project in the city of Roanoke, Va., where the telco was delayed in getting the proper permits to run fiber to local schools. “If we are serious about getting service to everyone, we need to take down the roadblocks,” MacKenzie said. “The last thing we want to do is irritate our customers. We really are in business to make money and make our customers happy. If we have to scratch a different itch in every town, it gets expensive and in some cases it’s not worth going forward.” Berke suggested that contractors and providers make sure they take into account where local governments stand when they are proposing to build a network to ensure a smoother process. “If you’re going to a city that doesn’t have clear rules, make sure you’re talking the language of the people running city government,” Berke said.

The Federal Communications Commission, which has in the past kept pole attachments disputes at arm’s length, opting instead to let the market find a solution, has been considering getting more involved, said FCC Wireline Competition Bureau deputy bureau chief Madeleine Findley. FCC chairman Ajit Pai created the Broadband Deployment Advisory Committee 2 earlier this year to specifically address these issues. Findley said the BDAC docket i 3 s still open and encouraged operators to offer questions and comments about issues including timelines, rates and fees, best practices and ways to encourage more efficient deployment. “The chairman is very concerned about closing the digital divide,” Findley said, adding later that the commission is aware that there is no simple solution for the problem. “The commission is cognizant that this is not an area where one size fits all,” she said. “There are different issues.

We want to be available as a resource.” Findley said the commission is considering whether to impose a 180-day shot clock on itself for such issues to help speed up the process.   “This is not a once and done thing for the commission,” Findley said. “It’s going to be an iterative conversation.

We want to be a participant in that conversation.” References ^ Read More: Get complete coverage of #TIS17. (www.multichannel.com) ^ Broadband Deployment Advisory Committee (www.multichannel.com) ^ BDAC docket i (www.multichannel.com)