2024 Rural Telecommunications Benchmark Study

The 2024 Rural Telecommunications Benchmark Study provides data from 147 rural telecommunications companies and provides insight into the financial and operational performance of the telecommunications industry. As of June 2024, participating companies accepted $950 million of federal, state, and local government broadband grants compared to $600 as of 2022. THhis represents a 50 percent increase in broadband grants over the amounts for 2022. These grant programs include state-administered broadband grant programs utilizing state funds, state-apportioned federal CARES Act funds, and American Rescue Plan Act funds, along with feeral broadband grant programs administered by the National Telecommunications and Information Administration and the Rural Utilities Service.