Charter CFO Warns About BEAD Regulations

WASHINGTON, May 22, 2024 – Top officials at Charter Communications continue to voice concerns about wayward regulations that could accompany grants under the $42.45 billion Broadband Equity, Access, and Deployment program.

“The impediment really is I think some states, it appears, could have [BEAD] rules that are not conducive to private investment or to our investment,” Charter Chief Financial Officer Jessica Fischer said Wednesday at the J.P. Morgan conference in Boston. “And so there could be some limitation to the total amount we invest that's related to our lack of willingness to bid in states where we won't be able to get the returns because the rules aren't conducive to it.”