Reporting

Leading AI companies have a favorite phrase when it comes to describing where they get the data to train their models: They say it's "

In Massachusetts a consulting program is helping local municipalities navigate digital equity planning. There is no flow of money to municipalities under said program. Instead, the Municipal Digital Equity Planning Program, spearheaded by the Massachusetts Broadband Institute (MBI), pairs towns and cities with consultants to develop strategic plans for digital equity within their communities.

President Joe Biden’s administration called on Republicans in Congress to extend funding for the Federal Communications Commission’s Affordable Connectivity Program (ACP), a consumer broadband rebate program used by more than 23 million households. The the $14.2 billion ACP was signed into law in November 2021 and began accepting enrollments at the end of that year.

One tactic that both private and public fiber companies are using to raise capital is to tap asset backed security (ABS), according to the analysts at TD Cowen. ABS is a type of financial investment that uses income-generating assets as collateral and is an alternative to other ways of raising capital, such as corporate bonds.

According to state broadband officials in Michigan, Vermont and Pennsylvania, the termination of the Affordable Connectivity Program (ACP) could not only impact the 23 million households on the program, but also those who live in areas where broadband is being built out. In Michigan, for instance, the state wants to require broadband companies receiving grants under the Broadband Equity, Access and Deployment (BEAD) program to charge lower-income people no more than $30 a month.

April is the last fully funded month for the Affordable Connectivity Program (ACP), and the forecast for its future is looking grim. On March 23, the Senate Appropriations Committee approved Congress’ final, fiscal year 2024 spending package, worth a whopping $1.2 trillion. The kicker? The over-1000-page legislation contained no mention of additional funding for the ACP. And the numbers aren’t looking pretty. The Federal Communications Commission (FCC) has appropriated a total of around $17 billion for the ACP and its predecessor the Emergency Broadband Benefit program.

Minnesota didn’t wait for the federal government’s help to make funding available for rural broadband deployments. The state’s Border to Border program is often cited as a model for rural broadband funding.

The importance of high-speed internet was seared into the American psyche by scenes of children sitting in parking lots and outside fast-food restaurants to attend school online during the COVID-19 pandemic. During that same period, health care providers and patients like Cindy Westman say being connected also became a vital part of today’s health care delivery system. Affordable Connectivity Program (ACP) participant Westman said her internet connection has become so important to her access to health care she would sell “anything that I own” to stay connected.

The City of Cabot, Arkansas, is getting a high-speed broadband network that the city will own and that will be operated by Connect2First, the broadband unit of local power company First Electric Cooperative Corporation. Unlike many broadband buildouts these days, the network will be built without any government funding.

Over a quarter of states are expected to be able to have enough Broadband, Equity, Access, and Deployment (BEAD) funding to get broadband to all their unserved and underserved areas and still have money left. At the other end of the spectrum, some states are struggling to meet national goals of making broadband available to everyone and to deploy fiber to the maximum extent possible.