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Rural Telecommunications Congress Members and Others Take Spotlight at Broadband Communities Summit

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AUSTIN, Texas, April 4, 2014 – Next week, at the Broadband Communities Summit here in Austin, the Rural Telecommunications Congress will take center stage with a series of sessions on “The Bandwidth of the States,” “Financing Future Bandwidth,” “Digital Learning in the Classroom,” “Rural Innovation,” and — as a kicker — “Cool Things Rural Communities Are Doing With Broadband.”

At this marque event next week, I’ve been asked to lead the Rural Telecommunications Congress morning session on “The Bandwidth of the States” together with Galen Updike, immediate past president of the RTC.

Those wishing to attend the entire Broadband Communities event may do so by registering as members of the Rural Telecommunications Congress. RTC members are able to attend the event at the rate of $200, for an $895 value.

To participate, register at https://www.regonline.com/Register/Checkin.aspx?EventID=1260970 and use the registration code “RTC200” (no quotation marks).

As members of the RTC Board, Galen and I have planned a series of morning events that will highlight progress in broadband over the past five years.

We are coming up on the fifth year anniversary of the State Broadband Initiative program. SBI, part of the U.S. Department of Commerce’s State Broadband Initiative program, has played a substantial role in enhancing broadband’s contribution to economic development. Anne Neville, the program director of SBI, has agreed to give our morning keynote on the subject.

After that, we’ll move directly into the “50 States in 50 Minutes” section, in which eight spokespeople from eight regions of the country will speak about the state of broadband in the states. This will be an opportunity for rapid-fire information about each of the states.

Several of the questions that will be address in this presentation include:
•    What is the state of broadband now versus five years ago in the regions?
•    What notable infrastructure projects have occurred over the past five years in the regions?
•    What notable projects to spur broadband adoption have taken place in the regions?
•    What are the future opportunity to public-private broadband efforts in the states within the regions? Are there any impediments to such progress in the states?
•    What role will SBI entities have following December 31, 2014? Have any of the SBI entities made public their plans to continue, or to discontinue, operations?
•    What role will the public safety network FirstNet play within the regions?
•    Are there any notable private-sector Gigabit Networks under development in the regions?

Below is the formal program, also available online:

9:40 am – 11:00 am
The Bandwidth of the States: Where They Stand in 2014

Keynote Presentation:

Anne Neville – Director, State Broadband Initiative of the U.S. Department of Commerce’s National Telecommunications and Information

The past five years have witnesses an explosion of broadband internet services, by providers and by the public sector. Stimulus projects including infrastructure investments, sustainable broadband programs, and state broadband initiatives have boosted awareness of the benefits of internet connectivity. Anne Neville, Director of the key federal broadband program working in collaboration with the states,will set the stage for our “50 States in 50 Minutes” presentation. She will be followed by spokesmen from eight regions to highlight the state of bandwidth in each of the 50 states.

50 States In 50 Minutes:

Where the states stand at the ending of BTOP and NTIA-SBDD. Metrics of past deployment of broadband. How the states are now poised for the future. All 50 states will be reviewed and commented on. A report will be available.

Speakers by Region:

Southwest:
Galen Updike – Former Chair, Rural Telecom Congress

New England:
Jason Whittet – Former Dep. Dir., Mass Broadband Institute

Mid-Atlantic:
David Salway – Director, New York State Broadband Program Office

Piedmont South:
Jane Smith Patterson – Chair, RTC.

Deep South:
David Moore – Director, Louisiana Broadband Initiative

Midwest:
Mike Wilson – CostQuest Associates

Great Plains:
Eric Mills – General Counsel, Connected Nation

Northwest:
Frank Odasz – President, Lone Eagle Consulting

11:10 am – 12:30 pm
Envisioning a Future for Broadband Deployment

Building on “50 States in 50 Minutes,” this session will look to the future for national broadband policy leadership. Informed by the State Broadband Initiative programs, as well as both a range of local, regional and national activities, this session will bring considerable depth and expertise to the next steps for broadband deployment. We’ll survey national developments, for-profit and non-profit Gigabit Network, legislative barriers to public broadband, and ongoing opportunities for public-private partnerships.

Moderator:
Drew Clark – Chairman and Publisher, Broadband Breakfast Club; Former Executive Director, Broadband Illinois

Speakers:
Rachelle Chong – Techwire.net; former California PUC
Lev Gonick – CEO of One Community, Cleveland
Christopher Mitchell – Institute for Local Self Reliance
Anne Neville – Director, State Broadband Initiative, NTIA, U.S. Dept of Commerce
David Shaw – Partner, Kirton McConkie; General Counsel, UTOPIA

 

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Broadband's Impact

Reason 4 to Attend Broadband Mapping Masterclass: Measuring Actual Speeds

The 4th of 5 reasons to attend the Broadband Mapping Masterclass with Drew Clark on 9/27 at 12 Noon ET

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WASHINGTON, September 26, 2022 – The fourth reason to attend the Broadband Mapping Masterclass with Drew Clark on September 27, 2022, is to understand the role that speed tests are playing in the discussion about actual speeds versus available speeds – and its importance for federal and state efforts to distribute broadband infrastructure funds.

Broadband Breakfast is hosting the 2-hour Broadband Mapping Masterclass to help Internet Service Providers, mapping and GIS consultants, and people in everyday communities concerned about broadband mapping.

This 2-hour Masterclass, available for only $99, will help you navigate the treacherous waters around broadband mapping. The live Broadband Mapping Masterclass is being recorded, and those who make a one-time $99 payment will obtain a guaranteed place during the live session.

ENROLL TODAY for our Zoom Webinar through PayPal.

Registrants will also receive unlimited on-demand access to the Masterclass recording. And they will receive Broadband Breakfast’s premium research report on broadband mapping.

Learn More about Why You Should Participate in the Broadband Mapping Masterclass

We’re presenting five additional reasons to attend the Broadband Mapping Masterclass.

Additional reason number 4 to attend the Masterclass

The last time that the federal government initiated a significant effort to fund broadband, in 2009, the United States lacked a basic map of what we at Broadband Breakfast have for years called the Broadband SPARC: Measuring Speeds, Prices, Availability, Reliability and Competition by high-speed internet access providers.

The National Broadband Map was a first effort to measure availability and competition by displaying the individual providers that offered broadband on a Census block level. But it lacked any measure of broadband speeds, prices or the reliability of such information.

Over the past 13 years, we now have a great variety of robust sources of speed test data – as well as significant datasets with information about pricing and reliability of broadband. The Broadband Mapping Masterclass will explore ways in which actual speed data has and can be used to crosscheck the quality of broadband availability data released by the Federal Communications Commission.

By attending the Broadband Mapping Masterclass, you’ll learn what you need to know in order assess the quality of broadband data as made availability by federal and state agencies, and private companies and organizations.

ENROLL TODAY  to find out what happens next.

Learn More about Why You Should Participate in the Broadband Mapping Masterclass

Read more about the reasons to attend the Broadband Mapping Masterclass

ENROLL TODAY

 

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Broadband's Impact

Dianne Crocker: Recession Fears Have Real Estate Market Forecasters Hitting the Reset Button

Growing fears of recession trigger pullback on previous rosy forecasts.

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The author of this Expert Opinion is Dianne Crocker, Principal Analyst for LightBox

The lyrics to “Same As It Ever Was” by the Talking Heads certainly don’t apply to how 2022 is playing out in the commercial real estate market. Two quarters of negative economic growth has put a damper on market sentiment and triggered fears that the U.S. economy is heading for a recession. By midyear, market analysts were taking a good, hard look at their rosy forecasts from the start of the New Year and redrawing the lines.

Once upon a time…

At the start of 2022, forecasters were bullishly predicting that commercial real estate investment and lending levels would be nearly as good as 2021. This was significant, considering that 2021 set new records for deal-making and lending volume as the debt and equity capital amassed during the pandemic while looking for a home in U.S. commercial real estate.

What a difference a few quarters have made. Virtually, all the predictions that started the New Year were obsolete by mid-summer. The abrupt shift in market conditions is palpable and surprised just about everyone. Now, markets are reaching an inflection point that is in sharp contrast with the strong rebound of last year.

The two I’s: Inflation and interest rates

At the core of the recent upset in market sentiment is the persistence of high inflation, which seems to be ignoring all attempts by the Federal Reserve to raise interest rates and bring prices down. Higher inflation is having a ripple effect throughout the economy, pushing up the costs of construction materials, energy, and consumer goods. Among the notable economic indicators showing stress at mid-year was the GDP, which fell for the second consecutive quarter, and the Consumer Price Index, which jumped 9.1% year-over-year in June – the highest increase in about four decades.

In July, the CPI fell to 8.5%, an encouraging sign that inflation was beginning to stabilize. By the latest August report from LightBox, however, hopes were dashed when the CPI showed little improvement, holding firm at a still high of 8.3%.

The market is responding to a higher cost of capital as lenders tap the brakes. As the cost of capital rises with each interest rate hike and concerns of a recession intensify, many large U.S. financial institutions are pulling back on their loan originations for the rest of 2022 and into 2023. This change in tenor is a significant shift, given that 2021 was a record-breaking year for commercial real estate lending. Many lenders have already shifted to a more defensive underwriting position as they look to mitigate risks.

The Mortgage Bankers Association, which had previously predicted that lending levels in 2022 would break the $1 trillion mark for the first time revised their forecast downward in mid-July. By year-end, the MBA now expects volume to be a significant 18% below 2021 levels—and one-third lower than the bullish forecast made in February. Now, investment activity is cooling as higher borrowing costs drive some buyers from the market.

In the investment world, transactions were down by 29% at midyear due to a thinning buyer pool as higher rates impact access to debt capital. Market volatility is causing investors, lenders, and owners to rethink strategies, reconsider assumptions, and prepare for possible disruption.

Looking ahead to year-end and 2023

The rapid and diverse shifts in the market make for an uncertain forecast and certainly a more cautious investment environment. The battle between inflation and interest rates will continue over the near term. As LightBox’s investor, lender, valuation, and environmental due diligence clients move toward the 4th quarter—typically the busiest quarter of the year–unprecedented volatility is driving them to recalibrate and reforecast given recent market developments.

Continued softness in transaction volume is likely to continue as rates and valuations establish a new equilibrium. If property prices begin to level out, there will be more pressure on buyers to consider how to improve a property to get their return on investment. The next chapter of the commercial real estate market will be defined by how long inflation sticks around, how high interest rates go, and whether the economy slips into a recession (and how deeply). The greatest areas of opportunity will be found in asset classes like office and retail that are evolving away from traditional uses and morphing to meet the needs of today’s market. Until barometers stabilize, it’s important to rethink assumptions, watch developments, and recalibrate as necessary.

Dianne Crocker is the Principal Analyst for LightBox, delivering strategic analytics, best practices in risk management, market intelligence reports, educational seminars, and customized research for stakeholders in commercial real estate deals. She is a highly respected expert on commercial real estate market trends. This piece is exclusive to Broadband Breakfast.

Broadband Breakfast accepts commentary from informed observers of the broadband scene. Please send pieces to commentary@breakfast.media. The views reflected in Expert Opinion pieces do not necessarily reflect the views of Broadband Breakfast and Breakfast Media LLC.

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Broadband's Impact

Reason 3 to Attend Broadband Mapping Masterclass: State Maps vs. Federal Maps

The 3rd of 5 reasons to attend the Broadband Mapping Masterclass with Drew Clark on 9/27 at 12 Noon ET

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WASHINGTON, September 23, 2022 – The third reason to attend the Broadband Mapping Masterclass with Drew Clark on September 27, 2022, is to get a handle on what state broadband officers have and are doing with broadband maps.

While much of the action has been at the Federal Communications Commission, after state allocations have been made, funding decisions will ultimately come from state broadband officers.

Broadband Breakfast is hosting the 2-hour Broadband Mapping Masterclass to help Internet Service Providers, mapping and GIS consultants, and people in everyday communities concerned about broadband mapping.

This 2-hour Masterclass, available for only $99, will help you navigate the treacherous waters around broadband mapping. The live Broadband Mapping Masterclass is being recorded, and those who make a one-time $99 payment will obtain a guaranteed place during the live session.

ENROLL TODAY for our Zoom Webinar through PayPal.

Registrants will also receive unlimited on-demand access to the Masterclass recording. And they will receive Broadband Breakfast’s premium research report on broadband mapping.

Learn More about Why You Should Participate in the Broadband Mapping Masterclass

We’re presenting five additional reasons to attend the Broadband Mapping Masterclass.

Additional reason number 3 to attend the Masterclass

The Infrastructure Investment and Jobs Act allocates $42.5 billion for the Broadband Equity, Access and Deployment program. Every state will receive at least $100 million in funding, but the remaining more-than $37 billion will be allocated among states based upon a formula that is primarily determined by their percentage of the unserved population. (According to IIJA, a location is “unserved” if it lacks access to broadband at 25 Megabits per second (Mbps) download and 3 Mbps upload. An area is “underserved” if it lacks 100 Mbps * 20 Mbps broadband.)

That’s where the FCC’s updated broadband map come in: Once challenges to the map are concluded, the National Telecommunications and Information Administration will allocate that $37 billion pool according to the “denominator” that the NTIA reads out from the FCC map.

But state and their broadband offices have a trump card: They can and are developing their own maps to check, verify and challenge the FCC map. Furthermore, they are under no obligation to award funds according to the actual places that the FCC says are unserved or underserved.

In the Broadband Mapping Masterclass, you’ll learn what you need to know in order to tap into these efforts by state broadband offices.

ENROLL TODAY  to find out what happens next.

Learn More about Why You Should Participate in the Broadband Mapping Masterclass

Read more about the reasons to attend the Broadband Mapping Masterclass

ENROLL TODAY

 

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