National Telecommunications and Information Administration
Big Telecom Companies and the Broadband Equity, Access and Deployment Program Grants
We’re finally starting to gain a picture of how the big telecommunication companies (telecos) are preparing to leverage the upcoming Broadband Equity, Access and Deployment (BEAD) grants. Chiefly, large telecos all say they will be building rural fiber with grant funding – which is what rural America most desires. But a lot of rural folks blame the big telcos for the current miserable state of rural broadband. There are several big fears that I hear voiced about the big telcos winning the grant funding.
Oklahoma State University Institute of Technology Connects Rural Students and Trains Fiber Technicians
On July 22, 2022, the National Telecommunications and Information Administration’s (NTIA) first Connecting Minority Communities Pilot Program (CMC) grants were announced totaling over $10 million in funds for five minority-serving colleges and universities.
Is 75% Grant Funding Enough?
It seemed like a really big deal when the ReConnect program and the new Broadband Equity, Access, and Deployment (BEAD) grants upped the amount of federal grants to 75% of funding. But, I still see a lot of situations where a 75% grant is not enough assistance to create a viable ongoing business plan. It is the interplay of many variables that determine the percentage of grant funding that is needed for any particular broadband provider in a given market.