TGIF! After a brief hiatus, Gigabites returns with news that the FCC has approved Verizon's takeover of XO Communications, RCN has launched gigabit service in Philadelphia, Videotron is upgrading to DOCSIS 3.1 and much more.
Among XO's assets are a 20,000 route mile intercity network crossing the US and Canada and 13,000 route miles of metro fiber connecting more than 4,000 on-net buildings and with 1,000 central office connections. For Verizon, the deal yields infrastructure that will support a combination of strategic business efforts. The fiber is critical for further expanding Verizon's business services, decreasing the cost of delivery of its video services and creating more capacity to power future 5G gigabit wireless networks.
Previously, the FCC approved Verizon's lease of XO wireless spectrum licenses, which the telco plans to use for early fixed 5G wireless deployments in 2017. (See Verizon Cleared for Take-Off on Fixed 5G.)
In signing off on the full XO deal, the FCC stated: "We conclude that both the benefits and the harms of the Transaction are relatively limited, but that, on balance, the potential public interest benefits outweigh the potential public interest harms."
— Mari Silbey, Senior Editor, Cable/Video, Light Reading