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

Sponsored by Dell Technologies

Whitepaper: How to Elevate Your Content Delivery Workflows With Dell EMC PowerScale

Learn how Dell EMC PowerScale helps meet surging viewer demand while reducing costs with a single centralized platform for the ingest, processing, and delivery of the content your viewers love.

> 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

Suggested Articles

WarnerMedia scored a key HBO Max distribution deal with Comcast just as it launched in May. Nearly six months later, there still isn’t an app.

Comcast is planning new data caps and video service price increases for its subscribers in 2021.

The Apple TV remote is an often reviled peripheral device. Universal Electronics has taken it upon itself to create a different option.