D.C. Memo: Study Shows ISPs Kicked in $11.4 billion in BEAD Matching Funds, Topping 25% Legal Minimum by 12 Percentage Points
Internet providers have pledged $11.4 billion in matching funds — 37% of project costs and well above the program’s 25% minimum
Today’s Headlines
■ Cogeco Takes Massive $1.2 Billion Impairment Charge Against U.S. ISP Breezeline
■ NFL Commissioner Roger Goodell Asked to Testify Before House Panel
■ Analyst Supino to Starlink: Think about Buying AT&T, Verizon or T-Mobile
■ Sen. Sanders: U.S. Should Own 50% of Major AI Companies
■ Insider Monkey: Charter Second-Most Oversold Stock in S&P 500
■ House Panel to Review Sweeping Digital Privacy Bill
■ U.S Ambassador Pete Hoekstra Wants Canada to Repeal Its Netflix Tax
■ Gigi Sohn: Ban Private Equity from Owning Majority of a Broadband ISP
■ Cliff Jones Named to Head FCC’s Laboratory Division
■ John Pascarelli Retires after Long Tenure at Mediacom
■ Witness List Emerges for June 4 Hearing on NextNav, PNT Topics
BEAD: A new study says the federal BEAD program is prompting far larger private‑sector broadband commitments than Congress ever required.
Researchers Alex Karras and Michael Santorelli of the Advanced Communications Law & Policy Institute at New York Law School, in a report released today, said that BEAD has driven $30.6 billion in total broadband investment across 54 states and territories. Internet providers have pledged $11.4 billion in matching funds — 37% of project costs and well above the program’s 25% minimum. (More after paywall)
