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Telecom Alert - FCC Approves First 6 GHz Wi-Fi Device; RDOF Winners Breakdown; Annual Report on State 911 Fees; Senate Confirms Simington; C-Band Revenues - Vol. XVII, Issue 50 Monday, December 14, 2020
FCC Approves First 6 GHz Wi-Fi Device
Last week, the FCC approved a Grant of Equipment Authorization for the first Wi-Fi device for use in the 6 GHz band. The Commission adopted a Report and Order last April that made available 1,200 megahertz of spectrum in 6 GHz band for unlicensed use (Vol. XVII, Issue 17), facilitating the deployment of Wi-Fi 6 and the expansion of the Internet of Things. The grant authorizes Broadcom Corporation to market an unlicensed transmitter in the band.
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Funds dedicated to bring high-speed internet to rural areas of Vernon, Beauregard
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SpaceX is talking to investors to raise another round of funding, even though it recently raised a $1.9 billion round in August, according to two people with knowledge of the deal.
SpaceX is looking to double its $46 billion valuation from that August round, which would bring it $92 billion. It is expected to close this round of funding in mid-to-late January, they said.
One person said the raise shocked them, adding: What company jumps to double its valuation in six months?
This year, equity analysts at Morgan Stanley Research said SpaceX could become a $200 billion company if its Starlink satellite-internet service and reusable Starship rocket system took off as businesses.