ACLP: BEAD Winners Set to Put Up $11.4 Billion in Matching Funds
That’s more than 37 percent of the program’s total project costs, the group found.
That’s more than 37 percent of the program’s total project costs, the group found.
WASHINGTON, June 2, 2026 – Internet Service Providers are planning to put up nearly $11.4 billion of their own cash to support projects funded by the Commerce Department’s flagship broadband expansion program, more than 37 percent of total project costs.
That well exceeds the 25 percent minimum under Broadband Equity Access, and Deployment program rules.
More than $200,000 in funding remains as the June 30 deadline approaches.
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Internet providers have pledged $11.4 billion in matching funds — 37% of project costs and well above the program’s 25% minimum
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