BEAD Participants Could Face Tough Finances: Moffett

NTIA has been adamant that it’s preventing defaults

BEAD Participants Could Face Tough Finances: Moffett
Photo of a lineman installing fiber in Virginia in 2019 from the USDA. Used with permission

WASHINGTON, July 29, 2026 – Rural fiber providers participating in the government’s flagship broadband expansion program might have a difficult road ahead, according to one telecom analyst.

“We’d predict there will be a lot of bankruptcies among the [fiber-to-the-home] builders that won over 70% of the monies,” MoffettNathanson founder Craig Moffett wrote in a Wednesday investor note.

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