Posted On: 10/12/2015 3:55:31 PM
Post# of 17653
Verizon likely frontrunner for government's FirstNet project
Oct 12 2015, 14:16 ET | About: Verizon Communications (VZ) | By: Jason Aycock, SA News Editor
Evercore adds its voice to the chorus that says Verizon (NYSE:VZ) has the lead on AT&T (NYSE:T) to build out FirstNet, the government's planned public-safety wireless broadband network.
FirstNet's board is reportedly looking at only "national deployment" offers from companies that respond to a request for proposals due out by year-end -- which means it likely won't be split among the big four wireless firms.
The project, focused on emergency first responders, is expected to cost $20B-$30B, and states can opt out of it.
"Verizon already has a rural partnership program — which allows rural carriers to use Verizon's 700 MHz spectrum in building out their markets with LTE," notes Evercore's Jonathan Schildkraut.
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Oct 12 2015, 14:16 ET | About: Verizon Communications (VZ) | By: Jason Aycock, SA News Editor
Evercore adds its voice to the chorus that says Verizon (NYSE:VZ) has the lead on AT&T (NYSE:T) to build out FirstNet, the government's planned public-safety wireless broadband network.
FirstNet's board is reportedly looking at only "national deployment" offers from companies that respond to a request for proposals due out by year-end -- which means it likely won't be split among the big four wireless firms.
The project, focused on emergency first responders, is expected to cost $20B-$30B, and states can opt out of it.
"Verizon already has a rural partnership program — which allows rural carriers to use Verizon's 700 MHz spectrum in building out their markets with LTE," notes Evercore's Jonathan Schildkraut.
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