June Communique 2020
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Netflix Subscribers Likely Streaming More Than 200 Million Hours Daily

On November 5th, Missouri Governor Parson and the Departments of Economic Development and Agriculture announced the launch of the state’s $5M broadband grant program to bring high speed internet to Missouri.

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Newest 5G Speed Record? Nokia Achieves 4.7 Gbps Using EN-DC

Nokia says that it has achieved 5G data speeds of 4.7 Gbps, which it says is the fastest over-the air (OTA) speed yet transmitted. The testing, which was conducted in Dallas, used 800 MHz of commercial millimeter wave spectrum and dual connectivity (EN-DC) functionality.

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Rural Development Opportunities Fund Timeline Released

On June 9th, the FCC will vote on the final procedures for the $16 billion Phase I Rural Digital Opportunity Fund auction (Auction 904). Bidding in Auction 904 is scheduled to begin on October 29, 2020. The draft auction procedures strike a balance between building sustainable networks that will meet the needs of the future while maximizing the number of locations that receive service. The auction targets census blocks that current data show are wholly unserved.  View timeline >>>

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Need Help With Your Business Case or RDOF Application?

RDOF applications must be submitted by the deadline in order to receive funds. Finley has helped secure millions of dollars in funding on our clients’ behalf and look to continue to be a resource for service providers that want to build and operate rural broadband networks.

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NPD: Consumer Technology Spending Exploding

The NPD Group’s finding that that the COVID-19 pandemic has caused accelerating increases in consumer technology spending is not surprising. It is interesting to note, however, that the market research firm found that spending has not been consistent even in the relatively short period since the crisis began.broadband networks.

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USDA To Award Up To $1 Billion For Rural Business Loans

The U.S. Department of Agriculture is making up to $1 billion in loan guarantees available to help rural businesses meet their working capital needs during the COVID-19 pandemic. 

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