Astound forfeits ~$90.6M Oregon BEAD award over noncontiguous build costs
Astound VP Fred Maldonado said the company won only 12 of 25 BEAD applications in Oregon, leaving awarded areas too far from its existing network to justify construction costs. Public records show Astound forfeited roughly $90.6 million of its Oregon award, alongside a similar decision to decline ~$166 million in Texas.