Clearfield Reports Fiscal First Quarter 2021 Results
40% Increase in Revenue, driven by 71% Growth in Community Broadband Revenue and 30% Growth in MSO Revenue, Compared to the Same Year-ago Quarter
Net Income Increased 531% to $3.2 Million, or $0.23 per diluted share, an Improvement from $0.5 Million, or $0.04 per diluted share, in the Same Year-ago Quarter
Continued Execution on Operational Effectiveness Initiatives and Favorable Product Mix Produces 42.0% Quarterly Gross Profit Margin
Company Backlog Increased 55% to $8.9 Million at Quarter End Compared to the Same Year-ago Quarter End
MINNEAPOLIS, Jan. 28, 2021 (GLOBE NEWSWIRE)
Clearfield, Inc. (NASDAQ: CLFD), the specialist in fiber management for communication service providers, reported results for the fiscal first quarter ended December 31, 2020.
American Tower and Nextlink Internet Sign Multiyear Agreement to Deliver Broadband to Underserved Rural Areas
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BOSTON and HUDSON OAKS, Texas, Jan. 28, 2021 /PRNewswire/ American Tower, a leader in wireless communications infrastructure, and Nextlink Internet, an Internet Service Provider (ISP) focused on rural communities across the Central U.S., announced today that they have signed a new long-term agreement to help bring enhanced connectivity to users in rural America.
Under this new agreement, Nextlink Internet plans to collocate on over 1,000 American Tower sites to facilitate rapid deployment of fixed broadband service to residents and small businesses across 11 states: Illinois, Indiana, Iowa, Kansas, Louisiana, Minnesota, Nebraska, Oklahoma, Texas, Wyoming, and Wisconsin.
News Wire Feed Light Reading 1/28/2021
BOSTON American Tower, a leader in wireless communications infrastructure, and Nextlink Internet, an Internet Service Provider (ISP) focused on rural communities across the Central U.S., announced today that they have signed a new long-term agreement to help bring enhanced connectivity to users in rural America.
Under this new agreement, Nextlink Internet plans to collocate on over 1,000 American Tower sites to facilitate rapid deployment of fixed broadband service to residents and small businesses across 11 states: Illinois, Indiana, Iowa, Kansas, Louisiana, Minnesota, Nebraska, Oklahoma, Texas, Wyoming, and Wisconsin.
As a Connect America Fund II (CAFII) recipient and a recent provisional winner in the Rural Digital Opportunity Fund program, Nextlink Internet is rapidly expanding its current service footprint across six states Texas, Oklahoma, Kansas, Nebraska, Iowa, and Illinois
Winnipeg Free Press By: Roland Renner
Elon Musk’s Starlink low Earth orbit (LEO) network has been
awarded US$885 million over 10 years to build out rural internet access in the U.S.
This was the fourth largest amount awarded under the Rural Digital Opportunity Fund (RDOF). Testing of preliminary Starlink service recently began. This is a billion-dollar (almost) vote of confidence in a service that is at the preliminary consumer testing stage.
For rural and remote Canadians, does this mean that competitively priced high-speed broadband access will finally be
For others, new technologies will compete against today’s cable Telco, and independent internet service providers.
January 26, 2021 Original image by Flickr user Verkeorg
Note: This is part five in an ongoing series. Be sure to check out the previous posts:
Part 1: Fiber to the Clubhouse: Pai Subsidizes Broadband for the Rich
Part 2: Broadband Boondoggle: Ajit Pai’s $886M Gift to Elon Musk
Part 3: Space-X Broadband: Coming to an Empty Traffic Island Near You
Part 4: Ajit Pai’s Broadband Legacy: Haste and Waste
Free Press co-founder and COO Kimberly Longey is someone you want to have on your side.
She helped build our organization from an idea on paper to the force it is today and that’s just her day job. In her spare time, she organized a municipal project to bring fiber internet to her town of Plainfield, Massachusetts, finally giving the people in this community much-needed high-speed connectivity after years of frustration with Verizon.