Letter of Credit Coalition, FCC Proposes Higher Speed Threshold, Domestic Semiconductor Bill
The NTIA’s BEAD program requires grant recipients to provide a letter of credit.

On March 27, Data Center Summit for $195; Webinar option for $95
The NTIA’s BEAD program requires grant recipients to provide a letter of credit.
July 27, 2023 – Since last Wednesday, some internet service providers, broadband associations, and digital equity advocates have been raising concerns about a requirement that applicants for federal broadband funding provide a letter of credit to receive money.
The Trump administration has been pushing out federal workers and attempting to freeze spending.
Two industry leaders warn state training mandates could stall projects, threaten rural access.
Initiative aims to strengthen U.S. telecom security and counter foreign threats.
Warns Cruz's effort would cut off internet access for millions.