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This paper addresses three issues in the field of ad hoc network capacity: the impact of (i) channel fading, (ii) channel inversion power control, and (iii) threshold–based scheduling on capacity. Channel inversion and threshold scheduling may be viewed as simple ways to exploit channel state information (CSI) without requiring cooperation across transmitters. We use the transmission capacity (TC) as our metric, defined as the maximum spatial intensity of successful simultaneous transmissions subject to a constraint on the outage probability (OP). By assuming the nodes are located on the infinite plane according to a Poisson process, we are able to employ tools from stochastic geometry to obtain asymptotically tight bounds on the distribution of the signal-to-interference (SIR) level, yielding in turn tight bounds on the OP (relative to a given SIR threshold) and the TC. We demonstrate that in the absence of CSI …