South Carolina Cuts BEAD Recipients in Half
State and federal American Rescue Plan Act funds take eight ISPs out of the BEAD program.
State and federal American Rescue Plan Act funds take eight ISPs out of the BEAD program.
WASHINGTON, July 7, 2026 – South Carolina no longer needs half of the awards it planned under a $42.45 billion federal broadband expansion initiative.
State officials announced that eight of 16 projects initially planned last year under the federal Broadband Equity, Access and Deployment program have instead been funded with existing resources. Of the eight projects remaining in the BEAD program, four subgrant agreements have been signed, with construction expected to begin soon.
The company is working on a ‘cost transformation’ aimed at saving billions, CFO Jason Armstrong said
Britain held its network 114 years. America's experiment lasted twelve months, ending August 1919.
The state’s broadband director said grant winners are seeing cost overruns
The company says the move is designed to preserve momentum as it expands its fiber footprint.
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