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Verizon won't speed up 5G buildout despite FCC preempting local fees
Verizon Wireless says it will not move faster on building its 5G cellular network despite a Federal Communications Commission decision that erased $2 billion dollars' worth of fees for the purpose of spurring faster 5G deployment.
The FCC's controversial decision last month angered both large and small municipalities because it limits the amount they can charge carriers for deployment of wireless equipment such as small cells on public rights-of-way. The FCC decision also limits the kinds of aesthetic requirements cities and towns can impose on carrier deployments and forces cities and towns to act on carrier applications within 60 or 90 days.Ajit Pai slams cities and towns as FCC erases $2 billion in local fees
FCC Chairman Ajit Pai justified the decision by saying it would speed up 5G deployment, and he slammed local governments for "extracting as much money as possible in fees from the private sector and forcing companies to navigate a maze of regulatory hurdles in order to deploy wireless infrastructure."
But in an earnings call last week, Verizon CFO Matt Ellis told investors that the FCC decision won't have any effect on the speed of its 5G deployment. Verizon also said that it is reducing overall capital expenditures—despite a variety of FCC decisions, including the net neutrality repeal, that the FCC claimed would increase broadband network investment. (Verizon posted a transcript of the earnings call here.)
An analyst asked Ellis if the FCC order would "change the sort of internal targets you have for the rollout of the small cell and 5G infrastructure and possibly allow you to go a little faster as you look out to 2019 and 2020."
Ellis responded that the FCC decision "doesn't necessarily increase the velocity that we see." Verizon is "going as fast as we can" already, he said.
Also at ExtremeTech
(Score: 0) by Anonymous Coward on Tuesday November 06 2018, @10:03AM (2 children)
And they lost that too. Oh wait, they lost it for their daughters and granddaughters. Abortion to become illegal in US very soon.
Of course, the rich and even well off don't have to worry about that, only the poor.
(Score: 3, Interesting) by Runaway1956 on Tuesday November 06 2018, @03:23PM (1 child)
Well, I may not be around to see all of that happen. Women voters, especially younger women voters, who resented Hillary? I won't be around to see their granddaughters all grown up. Maybe you can drop me a postcard, or an email, and tell me about it when it happens.
I'll state plainly what MOST conservatives object to. They object to PAYING FOR abortion on demand. Dems are busy telling that abortion on demand is some kind of right, or something. They expect working people and taxpayers to pay for all that shit. As a taxpayer, I most definitely object to paying for abortions for irresponsible little shits. You pay for your own abortion, and I'll stay the fuck out of your life. Deal?
(Score: 0) by Anonymous Coward on Tuesday November 06 2018, @06:58PM
They object to PAYING FOR abortion on demand.
Damn right! Pregnancy is a temporary condition. Elective abortion is a cosmetic procedure. We should be pushing that message hard. Free abortions, but no dental/eye care( the way most employee insurance was given)?? WTF??!!