8. FirstNet sheds light on financial challenges during Industry Day event
During May's FirstNet Industry Day, FirstNet officials announced they sought partnerships that would ensure the nationwide public-safety broadband network is financially sustainable in the long term and provides first responders with “the best price possible” for service.
During the Industry Day event—conducted in Virginia and webcast—FirstNet officials outlined multiple operational and functional aspects of the much-anticipated broadband network that will be deployed on 700 MHz spectrum. But significant attention was paid to information about FirstNet’s business-model vision.
“We do think [financial sustainability is] achievable, because we have significant assets at our disposal,” said John Quinlan, FirstNet’s deputy chief financial officer for strategic planning. “It’s a critical principle, because, one, it’s required by our own authorizing statute under federal laws, and more importantly, if we were to reach financial sustainability, we can provide assurance to our public-safety end users that we have a financial stable network that will be around for a long time.”
During May's FirstNet Industry Day, FirstNet officials announced they sought partnerships that would ensure the nationwide public-safety broadband network is financially sustainable in the long term and provides first responders with “the best price possible” for service.
During the Industry Day event—conducted in Virginia and webcast—FirstNet officials outlined multiple operational and functional aspects of the much-anticipated broadband network that will be deployed on 700 MHz spectrum. But significant attention was paid to information about FirstNet’s business-model vision.
“We do think [financial sustainability is] achievable, because we have significant assets at our disposal,” said John Quinlan, FirstNet’s deputy chief financial officer for strategic planning. “It’s a critical principle, because, one, it’s required by our own authorizing statute under federal laws, and more importantly, if we were to reach financial sustainability, we can provide assurance to our public-safety end users that we have a financial stable network that will be around for a long time.”
