Comcast to Be Bigger BEAD Player Than It Was RDOF: CFO
Comcast wasn't a big participant in the FCC's rural digital opportunity fund program, but it will likely try to be a bigger player in NTIA's broadband equity, access and deployment program, Chief Financial Officer Jason Armstrong said Monday during a…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
Deutsche Bank Investor Conference. RDOF was more an "untested" program that didn't have "the best risk/reward," he said. BEAD funding to states is "a more seasoned process," he said. He said fiber overbuilding is picking up in Comcast's footprint but discounted the competitive threat. He said 45% of homes in Comcast's footprint also are passed by a fiber competitor, with that going to 60% within a few years. But fiber "is a costly upgrade" and cable is able to upgrade to multigig symmetrical speeds far more cheaply, he said. He said fixed wireless providers are "clearly having their moment" but won't be a long-term competitor.