Rural
FCC Draft Order Would Loosen RDOF, CAF II Auction Financing Rules
The item would swap out Weiss ratings and let RDOF winner reduce their letters of credit sooner.
Rural
SATT Seeks $1.8M RDOF Transfer to Avoid FCC Default Penalties
The FCC found the transfer in the public interest, provided South Central Connect submitted the necessary financial and legal documents.
Rural
Broadband Providers, Bankers Want FCC Not to Rely on Weiss Ratings
USTelecom, NCTA, WISPA, and RDOF winners joined the banking industry in suggesting the agency ditch the standard.
FCC
FCC Approves Transfer of Unbuilt CAF II Locations
RiverStreet handed about 3,700 Virginia locations over to EMPOWER Broadband.
FCC
EMPOWER Seeks Lighter FCC Financing Rules as Part of RiverStreet Deal
EMPOWER would be on the hook for a letter of credit equal to six years of subsidy support without a waiver.
FCC
FCC to Vote on Proposal to Loosen High-Cost Letter of Credit Requirements
If approved, the measure would open a comment period.
Rural
FCC Fines AT&T and NextLink for Communicating During CAF II Auction
The companies are on the hook for a combined $175,000.
