Verizon Network Outdoes Competitors in 5G: RootMetrics A new study has concluded that the mobile landscape is stable and capable of supporting the fast growth that consumer interest is generating. RootMetrics’ report — the State of Mobile Union — looks at the first half of the year in terms of both 5G network performance and the broader mobile environment....

Investment in Generative AI Grows in Telecom Sector Generative artificial intelligence (AI) is finding a home in organizations such as telecommunications companies — and most are increasing their investments in the technology, according to a report from the Capgemini Research Institute. The firm’s report, “Harnessing the Value of Generative...

Lumos Expands Into Ohio with $230M Investment High Point, N.C.— (BUSINESS WIRE) — Lumos, a leading 100% Fiber-Optic Internet and Total Home Wi-Fi service provider in the Mid-Atlantic, today announced its expansion into the state of Ohio with a $230 million investment to build nearly 2,000 miles of its 100% Fiber Optic network, providing homes and...

ACP Termination Impacts Verizon Q2 Revenue New York – Verizon Communications Inc. (NYSE, Nasdaq: VZ) reported second-quarter 2024 results today with strong wireless service revenue, broadband subscriber growth, and continued momentum in its three financial priorities of wireless service revenue, consolidated adjusted EBITDA and free cash flow. The...

Broadband Projects Vary Widely on Transparency, Equity, and Labor Standards: Report According to a new report from the Communications Workers of America (CWA), broadband projects funded through the American Rescue Plan (ARP) vary greatly when graded on measures of transparency in project selection, equity in access and other matters, and labor standards....

California Recommends AT&T, Frontier, Six Others for $143M in Broadband Grants The California Public Utilities Commission (PUC) has recommended a total of $143.3 million in grants to go toward broadband deployments to locations in the state that currently lack high-speed broadband service. AT&T was recommended for two grants totaling...