Today's Regulatory Mix: DOJ Drops Challenge to California's Net Neutrality Rules, PG&E Sells Its License Agreements
On Monday, the Justice Department dropped its 2018 lawsuit challenging California’s state net neutrality rules. The litigation was initiated when California adopted its own net neutrality rules following the FCC’s 2017 repeal of federal regulations prohibiting internet service providers from speed throttling, site and app blocking, and paid fast lanes.
in an effort to bolster revenues after emerging from Chapter 11 bankruptcy, Pacific Gas and Electric Company (PG&E) announced an agreement with SBA Communications Corporation (SBA). PG&E will sell its license agreements with wireless providers that attach equipment to PG&E’s electric transmission towers and utility structures to a wholly owned subsidiary of SBA. The SBA subsidiary will continue to market and sublicense access to the towers and structures to wireless providers; PG&E will receive a portion of that future revenue. The sale of these licenses, involving over 700 towers, is expected to generate approximately $973 million in initial proceeds.
____________________________
The Regulatory Mix, Inteserra’s blog of telecom related regulatory activities, is a snapshot of PUC, FCC, legislative, and occasionally court issues that our regulatory monitoring team uncovers each day. Depending on their significance, some items may be the subject of an Inteserra Briefing.