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		<title>AT&#038;T, Verizon pause some new 5G after airlines raise alarm</title>
		<link>https://hsjchronicle.com/att-verizon-pause-some-new-5g-after-airlines-raise-alarm/</link>
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		<dc:creator><![CDATA[Associated Press]]></dc:creator>
		<pubDate>Thu, 20 Jan 2022 02:00:00 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Airlines]]></category>
		<category><![CDATA[AT&T]]></category>
		<category><![CDATA[Verizon]]></category>
		<guid isPermaLink="false">https://hsjchronicle.com/?p=43376</guid>

					<description><![CDATA[<p>AT&#038;T and Verizon will delay launching new wireless service near key airports after the nation’s largest airlines said the service would interfere with aircraft technology and cause widespread flight disruptions.</p>
<p>The post <a href="https://hsjchronicle.com/att-verizon-pause-some-new-5g-after-airlines-raise-alarm/">AT&#038;T, Verizon pause some new 5G after airlines raise alarm</a> appeared first on <a href="https://hsjchronicle.com">The Hemet &amp; San Jacinto Chronicle</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph">By DAVID KOENIG</p>



<p class="wp-block-paragraph">AT&amp;T and Verizon will delay launching new wireless service near key airports after the nation’s largest airlines said the service would interfere with aircraft technology and cause widespread flight disruptions.</p>



<p class="wp-block-paragraph">The decision from the companies came Tuesday as the Biden administration intervened to broker tried to broker a settlement between the telecoms and airlines over a rollout of new 5G service.</p>



<p class="wp-block-paragraph">The companies said they will launch 5G or fifth-generation service Wednesday, but they will delay turning on 5G cell towers within a 2-mile radius of runways designated by federal officials. They did not say how long they would keep those towers idle.</p>



<p class="wp-block-paragraph">President Joe Biden said the decision by AT&amp;T and Verizon “will avoid potentially devastating disruptions to passenger travel, cargo operations, and our economic recovery, while allowing more than 90% of wireless tower deployment to occur as scheduled.” He said the administration will keep working on a permanent solution.</p>



<p class="wp-block-paragraph">Even with the concession by the telecommunications companies, federal officials said there could be some cancellations and delays because of limitations of equipment on certain planes. Delta Air Lines also said there could be issues with flights operating in bad weather because of airport restrictions that regulators issued last week, when the 5G rollout appeared to be on schedule.</p>



<p class="wp-block-paragraph">The new high-speed wireless service&nbsp;<a class="" href="https://apnews.com/article/why-are-airlines-worried-about-5g-f908b6eff8551b580dfd111029c5be2d">uses a segment of the radio spectrum</a>&nbsp;that is close to that used by altimeters, which are devices that measure the height of aircraft above the ground. Altimeters are used to help pilots land when visibility is poor, and they link to other systems on planes.</p>



<p class="wp-block-paragraph">AT&amp;T and Verizon say their equipment will not interfere with aircraft electronics, and that the technology is being safely used in 40 other countries.</p>



<p class="wp-block-paragraph">However, the CEOs of 10 passenger and cargo airlines including American, Delta, United and Southwest say that 5G will be more disruptive than earlier thought. That is because dozens of large airports were subject to flight restrictions&nbsp;<a class="" href="https://apnews.com/article/business-airlines-federal-aviation-administration-c3290fe9f190ac8051ac26ad6f26a8a2">announced last week by the Federal Aviation Administration&nbsp;</a>if 5G service was deployed nearby. The CEOs added that those restrictions wouldn’t be limited to times when visibility is poor.</p>



<p class="wp-block-paragraph">“Unless our major hubs are cleared to fly, the vast majority of the traveling and shipping public will essentially be grounded. This means that on a day like yesterday, more than 1,100 flights and 100,000 passengers would be subjected to cancellations, diversions or delays,” the CEOs said in a letter Monday to federal officials. “To be blunt, the nation’s commerce will grind to a halt.”</p>



<p class="wp-block-paragraph">The showdown between the airline and telecom industries and their rival regulators — the FAA and the Federal Communications Commission, which oversees radio spectrum — threatened to further disrupt the aviation industry, which has been hammered by the pandemic for nearly two years.</p>



<p class="wp-block-paragraph">This was a crisis that was years in the making.</p>



<p class="wp-block-paragraph">The airlines and the FAA say that they have tried to raise alarms about potential interference from 5G C-Band but the FCC ignored them.</p>



<p class="wp-block-paragraph">The telecoms, the FCC and their supporters argue that C-Band and aircraft altimeters operate far enough apart on the radio spectrum to avoid interference. They also say that the aviation industry has known about C-Band technology for several years but did nothing to prepare — airlines chose not to upgrade altimeters that might be subject to interference, and the FAA failed to begin surveying equipment on planes until the last few weeks.</p>



<p class="wp-block-paragraph">Randall Berry, a professor of electrical and computer engineering at Northwestern University, likened the interference issue to two stations that overlap on the radio dial. The FCC-determined separation “may be be enough for some (altimeters) but not for others,” he said.</p>



<p class="wp-block-paragraph">One solution could be outfitting all altimeters with good filters against interference, Berry said, although there could be a fight over who pays for that work — airlines or telecom companies.</p>



<p class="wp-block-paragraph">After rival T-Mobile got what is called mid-band spectrum from its acquisition of Sprint, AT&amp;T and Verizon spent tens of billions of dollars for C-Band spectrum in a government auction run by the FCC to shore up their own mid-band needs, then spent billions more to build out new networks that they planned to launch in early December.</p>



<p class="wp-block-paragraph">In response to concern by the airlines, however, they initially agreed to delay the service until early January.</p>



<p class="wp-block-paragraph">Late on New Year’s Eve, Transportation Secretary Pete Buttigieg and FAA Administrator Stephen Dickson asked the companies for another delay, warning of “unacceptable disruption” to air service.</p>



<p class="wp-block-paragraph">AT&amp;T CEO John Stankey and Verizon CEO Hans Vestberg rejected the request in a letter that had a scolding, even mocking tone. But they had second thoughts after intervention that reached the White House. The CEOs&nbsp;<a class="" href="https://apnews.com/article/business-airlines-transportation-pete-buttigieg-14ddbf85028adf998a7a2eb208175b9f">agreed to the second, shorter delay</a>&nbsp;but implied that there would be no more compromises.</p>



<p class="wp-block-paragraph">In that deal, the telecoms agreed to reduce the power of their networks near 50 airports for six months, similar to wireless restrictions in France. In exchange, the FAA and the Transportation Department promised not to further oppose the rollout of 5G C-Band.</p>



<p class="wp-block-paragraph">Biden <a class="" href="https://apnews.com/article/coronavirus-pandemic-joe-biden-health-business-federal-aviation-administration-658c00d4d281bf11772b7ce457c3e244">praised that deal too</a>, but the airlines weren’t satisfied with the agreement, regarding it as a victory for the telecoms that didn’t adequately address their concerns.</p>



<p class="wp-block-paragraph">Find your latest news here at the <a href="https://hsjchronicle.com/">Hemet &amp; San Jacinto Chronicle </a></p>
<p>The post <a href="https://hsjchronicle.com/att-verizon-pause-some-new-5g-after-airlines-raise-alarm/">AT&#038;T, Verizon pause some new 5G after airlines raise alarm</a> appeared first on <a href="https://hsjchronicle.com">The Hemet &amp; San Jacinto Chronicle</a>.</p>
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		<title>Verizon sells internet trailblazers Yahoo and AOL for $5B</title>
		<link>https://hsjchronicle.com/verizon-sells-internet-trailblazers-yahoo-and-aol-for-5b/</link>
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		<dc:creator><![CDATA[Associated Press]]></dc:creator>
		<pubDate>Tue, 04 May 2021 19:00:00 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[America Online]]></category>
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		<category><![CDATA[Verizon]]></category>
		<category><![CDATA[Yahoo]]></category>
		<guid isPermaLink="false">https://hsjchronicle.com/?p=36626</guid>

					<description><![CDATA[<p>AOL and Yahoo are being sold again, this time to a private equity firm. Wireless company Verizon will sell Verizon Media, which consists of the once-pioneering tech platforms, to Apollo Global Management in a $5 billion deal.</p>
<p>The post <a href="https://hsjchronicle.com/verizon-sells-internet-trailblazers-yahoo-and-aol-for-5b/">Verizon sells internet trailblazers Yahoo and AOL for $5B</a> appeared first on <a href="https://hsjchronicle.com">The Hemet &amp; San Jacinto Chronicle</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph">By MICHELLE CHAPMAN and TALI ARBEL AP Business Writers</p>



<p class="wp-block-paragraph"><a href="https://en.wikipedia.org/wiki/AOL">AOL</a> and Yahoo are being sold again, this time to a private equity firm.</p>



<p class="wp-block-paragraph">Wireless company Verizon will sell Verizon Media, which consists of the once-pioneering tech platforms, to Apollo Global Management in a $5 billion deal.</p>



<p class="wp-block-paragraph">Verizon said Monday that it will keep a 10% stake in the new company, which will be called Yahoo.</p>



<p class="wp-block-paragraph">Yahoo at the end of the last century was the face of the internet, preceding the behemoth tech platforms to follow, such as Google and Facebook. And AOL was the portal, bringing almost everyone who logged on during the internet&#8217;s earliest days.</p>



<p class="wp-block-paragraph">Verizon spent about $9 billion buying AOL and Yahoo over two years starting in 2015, hoping to jump-start a digital media business that would compete with Google and Facebook. It didn&#8217;t work — those brands were already fading even then — as Google and Facebook and, increasingly, Amazon dominate the U.S. digital ad market. The year after buying Yahoo, Verizon wrote down the value of the combined operation, called “Oath,” by roughly the value of the $4.5 billion it had spent on Yahoo.</p>



<p class="wp-block-paragraph">Verizon has been shedding media assets as it refocuses on wireless, spending billions on licensing the airwaves needed for the next generation of faster mobile service, called&nbsp;<a href="https://apnews.com/article/5G-explained-wireless-smartphones-e922f2a48acc944eca777b8853d52f41">5G</a>. It&nbsp;<a href="https://apnews.com/article/4576d270fdf84bc4a90bb30bffafc99c">sold blogging site</a>&nbsp;Tumblr in 2019 and&nbsp;<a href="https://apnews.com/article/buzzfeed-buying-huffpost-from-verizon-ea3a69adc2f009686ae6723b2eb3d0b1">HuffPost to BuzzFeed</a>&nbsp;late last year. The digital media sector in recent years has been consolidating as companies seek profitability.</p>



<p class="wp-block-paragraph">The properties Verizon is selling include Yahoo Finance, Yahoo Mail and the tech blogs Engadget and TechCrunch.</p>



<p class="wp-block-paragraph">Despite its difficulty competing with tech giants for ad dollars, leading to cost cuts and layoffs, Verizon Media’s revenue rose 10% in the most recent quarter from the year before, to $1.9 billion. The division still has nearly 900 million monthly users, and generated $7 billion in revenue in 2020, according to Verizon and Apollo.</p>



<p class="wp-block-paragraph">Apollo says they are “big believers in the growth prospects of Yahoo” and expects that overall growth in digital advertising will boost Yahoo too, said Apollo senior partner David Sambur in a prepared statement. Apollo has invested in other media and tech companies like the photo website Shutterfly and TV and radio stations formerly owned by Cox.</p>



<p class="wp-block-paragraph">Apollo is betting that the data that the Yahoo division collects from its users, who log in to products like email, appeals to advertisers as&nbsp;<a href="https://apnews.com/article/google-chrome-cookie-replacement-74e64aeef03841aab82fb84a7c0c0c21">ad-tracking technology&nbsp;</a>changes, said Forrester analyst Joanna O’Connell.</p>



<p class="wp-block-paragraph">Financial firms have played an increasingly prominent role in traditional media as well in recent years as the newspaper industry struggles with the decline of print advertising, buying up chains and slashing costs and jobs.</p>



<p class="wp-block-paragraph">Verizon will receive $4.25 billion in cash, preferred interests of $750 million and the minority stake.</p>



<p class="wp-block-paragraph">The deal is expected to close in the second half of the year.</p>



<p class="wp-block-paragraph">Shares of Verizon Communications Inc., based in New York, rose less than 1% Monday.</p>



<p class="wp-block-paragraph">Find your latest news here at<a href="https://hsjchronicle.com/"> the Hemet &amp; San Jacinto Chronicle</a> </p>
<p>The post <a href="https://hsjchronicle.com/verizon-sells-internet-trailblazers-yahoo-and-aol-for-5b/">Verizon sells internet trailblazers Yahoo and AOL for $5B</a> appeared first on <a href="https://hsjchronicle.com">The Hemet &amp; San Jacinto Chronicle</a>.</p>
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