News of Note—Comcast builds out fiber in Gainesville, gets into drone racing

News of note
The national television advertising market stayed mostly flat in May and only rose 0.8% annually, according to Standard Media Index. (Pixabay)

> Comcast announced Monday that it has completed a 10-mile fiber network build-out in order to offer multigigabit internet speeds to Gainesville, Georgia businesses, government agencies and hospitals on the city's west side. Atlanta Business Chronicle article

> Comcast will partner with the Aerial Sports League to host The Xfinity California Drone Speed Challenge—Level 2 on July 19 at Golden 1 Center in Sacramento, California. Release

> Gray Television is already planning TV station divestitures as part of its $3.6 billion Raycom merger to smooth out the regulatory process, and those sales could be worth around $210 million. FierceVideo article

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> Rye, New York-based Vyve Broadband announced that it has launched a new 300 Mbps service, "Vyve 300," to 90% of its customer base in six states and plans to expand Gigabit service coverage to over 70% of customers. Release (PDF)

> The national television advertising market stayed mostly flat in May and only rose 0.8% annually, according to Standard Media Index. FierceVideo article

> The analysts at Oppenheimer raised their capex estimates for both AT&T and Verizon for 2018, noting that both carriers are spending slightly more on their network efforts than the analysts had initially expected. FierceWireless article

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