Robin Flynn joins as Advisor & Media Sector Consultant, Rebecca Hanson as Advisor & Regulatory Consultant, Whitney Q. Lohmeyer, Ph.D. as Advisor & Engineering Consultant NEW YORK (PRWEB) AUGUST 18, 2021 Summit Ridge Group, LLC, a leading provider of valuation and related financial advisory services in the communications sector, today announced three key appointments to its…
Last week, the FCC released its final filing procedures for telecom providers seeking reimbursement through the FCC’s $1.895 billion Secure and Trusted Communications Networks Reimbursement Program, informally called “Rip and Replace” within the industry. See the FCC’s PN here: https://www.fcc.gov/document/fcc-announces-final-supply-chain-reimbursement-program-procedures. This is the program through which Congress will pay for the removal and replacement of…
Summit Ridge Group is pleased to announce the release of its white paper, “FCC Reimbursement Programs: Background, Accounting, and Financial Considerations for Participants.” Our 20-page white paper is designed to provide participants with information about the non-obvious implications of such programs for participating entities. As wireless technology advances and the spectrum appropriate for such uses…
Spectrum license valuation is often analogized to real estate. It is physically bounded, effectively zoned by regulators for specific purposes, and often leased. The analogy of spectrum licenses to real estate is effective. However, almost all analogies eventually break down. The spectrum license/real estate analogy breaks down when considering long-term future use. March to Higher…
There is a lot of news about how new low earth orbit (“LEO”) satellite projects, particularly front runner SpaceX’s Starlink system, are turning the satellite industry upside down. The Starlink team apparently broke the code on a path to consumer-priced hardware and is rolling out service region by region as it installs gateways around the…
Discovery deal announcement[1] ends AT&T’s designs on a vertically integrated media and distribution empire. It unravels years of deal-making under the leadership of former CEO Randall Stephenson less than a year after his retirement. This deal follows the $16 billion spin-off in February of AT&T’s video distribution assets, including DirecTV, U-Verse video, and streaming service…
The three major U.S. wireless carriers have scheduled special events starting today (Wednesday, March 10, 2021) with Verizon and followed by T-Mobile tomorrow and AT&T Friday to inform and reassure the investor community of their strategies after the $81 billion C-Band auction. The auction’s surprising size may necessitate some belt-tightening as the carriers begin to…
The FCC’s largest-ever auction of wireless spectrum ended on Friday with 280 MHz of C-Band spectrum fetching a record-setting $80,916,832,754. Demand in Smaller Markets Suggest New Entrants Bidding for the Partial Economic Area (PEA) sized geographies displayed the same trend we noted in other recent auctions (link to CBRS note) of increased interest outside the…
NEW YORK (PRWEB) SEPTEMBER 30, 2020 Summit Ridge Group, LLC announced today that Managing Director E. Barlow Keener, JD, CIPP, has been appointed Co-chair of the Federal Communications Bar Association’s (“FCBA”) Wireless Telecommunications Committee for the 2020-2021 term. Additionally, Summit Ridge President J. Armand Musey, CFA, has been reappointed as a co-chair of the FCBA’s New…
We all knew that the Second Quarter of 2020 was going to be bad financially for broadcasters. And it was. But a review of FQ22020[1] financial results filed with the SEC by publicly-traded radio and television broadcasters shows that the hit was much more severe for radio than television broadcasters. Summit Ridge Group (SRG) reviewed…
