Broadband Equity, Access, and Deployment (BEAD) Program

A few short years ago, many might have thought that universal broadband in Louisiana was an impossible dream. But the leadership of Veneeth Iyengar and the state’s partnership with the National Telecommunications and Information Administration is making the impossible possible. Louisiana is on a path to closing its digital divide. We hope that other states will follow Louisiana’s example and get this job done.

Louisiana’s approved Volume 2 illustrates where the key areas of flexibility that has been granted to states in deploying BEAD intersects with the guardrails Congress and the National Telecommunications and Information Administration (NTIA) have set. We'll take a closer look at three key points of the Louisiana plan:

The Department of Commerce’s National Telecommunications and Information Administration (NTIA) has approved Louisiana’s Initial Proposal for the Broadband Equity, Access, and Deployment (BEAD) program. Louisiana is the first state to reach this important milestone, which will enable the state to move from the planning phase to the implementation phase for the BEAD program—a major step towards closing the digital divide in Louisiana and meeting the President’s goal of connecting everyone in America with affordable, reliable, high-speed Internet service.

Many internet service providers (ISPs) who operate mature fiber networks have been recently approached to sell their businesses to buyers who want to roll up and amass multiple fiber networks into a larger business. I know fiber network owners who are being offered prices for their business that they never expected. I’ve heard of offers at a multiple in the range of twenty times adjusted earnings. High multiples are a sure sign of plans for rolling up many ISPs into a larger business.

The US Broadband Summit brought together top leaders from across the country to talk about state efforts related to the Broadband Equity, Access & Deployment (BEAD) program. Three major topics emerged from the summit — both at public sessions as well as the buzz in the hallways.

We write to provide economic insight to help states maximize the benefits of its Broadband Equity Access and Deployment (BEAD) and other funds for its residents. Several economic concepts are critical to maximizing the benefit of the BEAD money for state residents.  

Spend a little time with Idaho State Broadband Program Manager Ramón Hobdey-Sánchez and it’s easy to see his enthusiasm for his home state. “I have a passion for public service and there are few things that I love more than the State of Idaho,” Hobdey-Sánchez said. “Broadband and internet connectivity is something that we can all agree is good for individuals, communities, and the state.

Dozens of states appear to be set to cap how much broadband providers can charge low-income households.

States are racing to finish their Initial Proposals for the National Telecommunications and Information Administration's $40+ billion Broadband Equity Access and Deployment (BEAD) program. One of the things they need to be thinking about is how to design their programs so that they have viable applicants for all their eligible locations, not just most of them. This requires a radical shift in mindset from past grantmaking activities, when the state’s task was to award grants to improve service in discrete areas.

When I first read the Infrastructure Investment and Jobs Act legislation that created the Broadband Equity, Access, and Deployment (BEAD) grants, I thought it was going to be a grant program that a whole lot of my clients would choose to ignore. The requirements in the legislation seemed overwhelming. But over the last year, my opinion mellowed because I assumed that State Broadband Offices (SBOs) would soften some of the rough edges of the federal rules.