Tag: "altice"

Posted September 12, 2022 by Karl Bode

Yavapai County, Arizona is pushing forward with a $20 million plan to shore up broadband access across the region. While dramatically scaled back from a $55 million proposal pushed last year, county leaders are hopeful that the effort still drives significant upgrades across the rugged and predominantly rural desert county.  

Last fall, Yavapai County officials announced they would be committing $20 million of the county’s $45.6 million in American Rescue Plan Act (ARPA) funds toward its Broadband Final Mile Initiative, a project spearheaded by the Yavapai County Education Service Agency (YCESA) and designed to bring affordable broadband to every student in Arizona.

The county issued an RFP last October looking for broadband providers willing to use ARPA funding to push symmetrical 100 Megabit per second (Mbps) connections further into rural regions. The expansion was to lean heavily on a 2018 Yavapai County decision to spend $3.7 million on a fiber-optic middle mile network connecting 74 schools and libraries.

“The proposals have been reviewed and contracts have been awarded,” Yavapai County School Superintendent Tim Carter told ILSR in an update. “Cox Communications has been awarded the contract for Black Canyon City and Congress, and Altice USA has been awarded the contract for Mayer, the Beaver Creek area, Cornville, and Paulden.”

Cox and Altice Win Grant Awards 

More specifically, Cox was awarded $3,757,763 to expand service to 2,923 locations in two towns, and Altice was awarded $12,614,582 to expand service to 15,348 locations in five municipalities. 

According to an Altice deployment schedule, homes should see service...

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Posted April 7, 2022 by Ry Marcattilio

Comcast announced at the end of January that it will be expanding its stock repurchasing program to $10 billion for 2022. It’s a reminder that local governments need to be wary about the huge cable and telephone monopolies stopping by their offices and offering generously to solve the digital divide once and for all, if only we give them more taxpayer money.

Doing so has largely been a failed policy, and does a better job of transforming public tax dollars into private wealth than it does in efficiently extending Internet infrastructure to communities that need it most. With all the federal funding on the horizon, and some states already looking like they’re going to listen to monopoly lobbyists rather than their constituents, cities and states would do well to follow along closely.

Business is Good

Stock buybacks by publicly traded companies like Comcast are a commonly used mechanism to transfer wealth from the cash a firm has on hand to the pockets of its shareholders, while also driving up its value. The program expansion from Comcast announces as clear as day that the company’s top priority isn’t connecting Americans; it’s to return the most money for the least investment for its shareholders. 

This is far from the first time the company has announced a buyback. In 2013, the provider repurchased $5 billion in shares. It followed that up with $3 billion more in 2014. In 2015 it bought back $4.25 billion, and in 2016 and...

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