Shentel Concerned About Rate Regulation by BEAD

'The potential for having to set certain prices for low-income customers' is a concern to Shentel.

Shentel Concerned About Rate Regulation by BEAD
Photo of Shentel Executive Vice President and Chief Operating Officer Ed McKay, courtesy of Shentel

WASHINGTON, June 16, 2024 ­– Shentel, a fiber-first broadband company hoping to pass 600,000 Mid-Atlantic locations by the end of 2026, isn’t looking to the Biden administration’s Broadband Equity, Access, and Deployment program to help close the digital divide.

“We're concerned about the potential for having to set certain prices for low-income customers, and we're concerned about potential labor rates that we have to pay for the construction and also some of the onerous reporting requirements,” said Shentel Executive Vice President and Chief Operating Officer Ed McKay on Friday.

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