Japanese technology giant Softbank has written down the value of its stake in British satellite maker OneWeb by £380m, the Telegraph can reveal.
OneWeb, which is backed by Softbank, Airbus and Sir Richard Branson’s Virgin Group, has burned through billions in investor cash for its plans to launch a web of hundreds of low-orbit satellites.
Softbank took an impairment loss on its stake in OneWeb earlier this year, while some early investors have lost as much as half of the value of their stakes, a source said.
Founded in 2012, OneWeb is one of Britain’s technology “unicorns”, a start-up valued at more than $1bn.
It hopes to launch hundreds of satellites to improve mobile and internet connections…
This not good news for OneWeb who seem to be having problems getting spacecraft launched.
Democratic candidates for the 2020 presidential election continue to rollout their policy platforms for rural America. Several presidential hopefuls spent the past week and a half in Iowa and are seizing the opportunity to appeal to rural voters across the United States.
Mayor Pete Buttigieg from South Bend, Indiana released his rural policy proposal this week which centered around an $80 billion investment in rural broadband. Buttigieg’s call for investment in rural internet access echoes his competitors’ platforms including Senators Elizabeth Warren (D-Massachusetts) and Kirsten Gillibrand (D-New York), who each promised massive investments in rural broadband if elected into office. Buttigieg’s plan for rural America would also invest in improved broadband mapping and several economic development programs to foster job growth in rural areas.
These policy proposals inform rural voters how each candidate’s administration would benefit rural America. The inclusion of rural broadband is a noticeable trend among policy platforms from 2020 candidates, suggesting that rural broadband deployment will be a significant issue for rural voters.
Yes, broadband access is becoming a significant political issue, but I would not put a lot of stock in campaign promises, they seem to be forgotten once the election is over.
A few weeks ago, Federal Communications Commission (FCC) Chairman Ajit Pai sent letters to members of the House and Senate who raised concerns about the accuracy of the broadband mapping used by the FCC to measure households with access to broadband internet. Chairman Pai wrote to inform the members that the FCC would implement a new order that would “result in more granular and more accurate broadband maps” through the creation of the Digital Opportunity Data Collection (DODC).
The DODC will require broadband providers to report areas they offer service below the census block level. This reported data will then be independently verified by the Universal Service Administrative Company. The DODC approach will be used by the FCC to administer $20 billion over the next ten years to rural broadband deployment through the Rural Digital Opportunity Fund.
FCC Chairman Pai addressed his letter to members from rural states and districts who will be scrutinizing the FCC’s new method for broadband mapping closely. While the DODC is a much needed step in the right direction for broadband mapping, the data collection process remains overly reliant on data from nationwide carriers. It will be critical for the future of rural broadband deployment to measure the success of the DODC program and hold the FCC accountable.
The best of good intentions often go arie, and this is just another opportunity for the government to screw up. Yes, hold the FCC accountable, do your own speed testing and report the results. If you do not have a broadband connection report the failure of the local providers to support your needs for 21st Century Communications directly to the DODC.
The First Responder Network Authority has released a new roadmap for the future of the nationwide public safety broadband network FirstNet.
For the vast majority of us, broadband has become so commonplace in our professional, personal, and social lives that we rarely think about how much we depend on it. Yet without broadband, our lives would be radically upended: Our work days would look different, we would spend our leisure time differently, and even our personal relationships would exist differently.
But if broadband is an essential part of daily American life in the 21st century, how can we be comfortable with the fact that over 19 million households do not have a mobile or in-home subscription? Imagine if an electricity outage like the 2003 Northeast blackout occurred every day. Or if the Flint water crisis impacted the entire states of Michigan, Ohio, Indiana, Illinois, and Wisconsin. That’s the scale of broadband disconnect this country experiences.
Simply put, the country needs to make an aggressive case to reach universal broadband adoption. But what does that even mean? Compared to electricity and water, do we understand all the ways broadband impacts individual and community wellbeing? Based on an initial scan of academic and applied research, the short answer is no.
With communities all across the country exploring ways to overcome the digital divide, and with Congress sending clear signals about the importance to address rural disconnect, now is an opportune time to help policymakers and practitioners understand the benefits of pursuing new infrastructure, public policies, and training programs. For us, that process begins with understanding where the current state of knowledge is clear and where it falls short.
Continue reading at Brookings.edu
ILSR: Community Networks Fact Sheet
Since 5G connectivity relies on fiber optics that aren’t available in many rural areas, these communities won’t receive 5G access anytime soon. The same market reality discouraging investment in rural broadband will also discourage 5G investment. Even in urban areas, companies like AT&T and Verizon are unlikely to start investing in the low-income neighborhoods they have neglected for years.
This just one insight provided in the Pocket Guild to 5G Hype
OneWeb, whose mission is to connect everyone everywhere, is pleased to announce it has succeeded in bringing into use its spectrum rights in the Ku- and Ka-band spectrum.
To achieve this milestone, OneWeb’s satellites have been transmitting at the designated frequencies in the correct orbit for more than 90 days, enabling OneWeb to meet the requirements to secure spectrum bands over which it has priority rights under ITU rules and regulations.
These rights will now be confirmed as the UK administration, which has filed our satellite system with the ITU, will complete the required Notification and Registration process of the company’s LEO network.
“Spectrum is a scarce resource and the ITU plays a vital role in the global management for access. The harsh reality for anyone trying to make a real impact on global connectivity is that no matter how good your network is, success is not possible without the right spectrum. With our spectrum now in use, OneWeb has proved it can bring together all the elements required – in space, on the ground, and in between – to change the face of connectivity everywhere”, said Ruth Pritchard-Kelly, Vice President of Regulatory for OneWeb.
By meeting the requirements of the ITU regulations, OneWeb is well on its way to securing spectrum rights to high priority Ku-band spectrum for service links, and Ka-band for its global gateways. It will now have access to over 6 GHz of spectrum that will enable it to deliver its high-speed, low latency connectivity.
Continue reading at SpaceDaily.com