Media Transition Enables AT&T to Focus on Building Out 5G

Earlier this week, AT&T announced a $43 billion deal to merge WarnerMedia with Discovery, three years after its $85 billion acquisition of Time Warner. The move marks AT&T’s pivot to a focus on its deployment of 5G. AT&T chief executive John Stankey said the company plans “to continue the momentum in our mobility business by stepping up our investment in our wireless network.” Other telcos have adopted a similar strategy, with Verizon selling AOL and Yahoo for $5 billion, and T-Mobile shuttering its T-Vision streaming service. Continue reading Media Transition Enables AT&T to Focus on Building Out 5G

FCC Approves Plan to Pay Satellite Firms to Vacate Airwaves

The FCC, in a 3-2 vote, approved chair Ajit Pai’s plan to pay satellite companies to free up airwaves for 5G usage. Satellite companies will retain enough to continue their TV/radio distribution services. The FCC earlier released a plan to pay Intelsat, SES and other satellite companies $9.7 billion if they left the airwaves quickly, with another $3.3 billion to $5.2 billion to reimburse costs of making the move. Pai suggested that Intelsat receive as much as $4.85 billion, SES about $4 billion and Eutelsat $468 million. Continue reading FCC Approves Plan to Pay Satellite Firms to Vacate Airwaves

FCC Chair Ajit Pai Plans a Public Auction of C-Band Waves

The Federal Communications Commission wants to offer a public auction of C-Band airwaves, taking away control from Intelsat SA and SES SA, which had planned a private auction that could have earned them billions of dollars. FCC chair Ajit Pai said the airwaves would be freed for 5G wireless use and generate revenue for the U.S. government. The plan could be voted on in early 2020. The satellite companies protested, saying they would work to create an alternative plan and calling Pai’s plan “a significant departure.” Continue reading FCC Chair Ajit Pai Plans a Public Auction of C-Band Waves