Nearly One in Three Co-ops Turning Down BEAD Money, NRECA Says
The group’s members said one provider’s U.S.-made fiber prices jumped 40 percent in August alone
The group’s members said one provider’s U.S.-made fiber prices jumped 40 percent in August alone
WASHINGTON, Sept. 21, 2026 – Nearly one in three electric cooperatives to participate in a major broadband expansion program have pulled out, with even more considering withdrawing, according to their main industry group.
NRECA, which represents electric co-ops, said in a letter to Commerce Secretary Howard Lutnick last week that 63 cooperatives had won funding in 27 states under the $42.45 billion Broadband Equity, Access, and Deployment program.
Cable One says, ‘CoBank does not allege, nor could it, that Cable One has missed an interest or principal payment'
Mounting debt, energy price shocks and the AI boom pose growing risks to financial stability
Competition from 5G is the driver, wireless association says
Manufacturers warned that a rapid shift to U.S.-made equipment could reduce safety because domestic suppliers remain limited.