Articles
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6 days ago |
broadbandbreakfast.com | Ted Hearn
Senate: In a 50-38 party line vote, the Senate yesterday gave final approval to killing the Biden FCC’s Wi-Fi hotspots program financed with E-Rate money held in the $8.6 billion Universal Service Fund. The action now shifts to the House, where Rep. Russ Fulcher (R-Idaho) in February introduced a Congression Review Act resolution identical to the one sponsored by Senate Commerce Committee Chairman Ted Cruz (R-Texas).
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6 days ago |
tvnewscheck.com | Ted Hearn
Senate: In a 50-38 party line vote, the Senate yesterday gave final approval to killing the Biden FCC’sWi-Fi hotspots program financed with E-Rate money held in the $8.6 billion Universal Service Fund. The action now shifts to the House, where Rep. Russ Fulcher (R-Idaho) in February introduced a Congression Review Act resolution identical to the one sponsored by Senate Commerce Committee Chairman Ted Cruz (R-Texas).
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1 week ago |
broadbandbreakfast.com | Ted Hearn
Senate: In a key procedural step yesterday, the Senate voted 53-47 to take up a resolution designed to nullify Biden-era FCC rules that tapped into federal funds to pay for Wi-Fi hotspots for use away from school and library buildings. “The problems with this regulation are myriad,” Senate Majority Leader John Thune (R-S.D.) said on the Senate floor before the vote.
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1 week ago |
broadbandbreakfast.com | Ted Hearn
Senate: Majority Leader John Thune (R-S.D.) is expected to lead the effort today to void a signature regulation of the Biden-era FCC: Federal funding in support of the use of Wi-Fi hotspots by students and library patrons at locations distant from actual schools and library buildings.
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1 week ago |
broadbandbreakfast.com | Ted Hearn
Wall Street: Cable One’s stock symbol is CABO. Given how things went down on Wall Street in Friday trading, OMG might be more appropriate. It was ugly, just a total wipeout. It was thought that maybe CABO had hit rock bottom several quarters ago, but the rock turned out to be silt. Brace yourself for the bad news – Cable One’s stock dropped $109.48 per share to close at $152.51, a one-day decline of 42% that slashed $608 million from the company’s market cap that’s been in a dire freefall for years.
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