BEAD PROGRAM NEWS

What's Happening in BEAD

Awards announced, agreements executed, milestones reached — monitored daily across all 56 state and territory programs, AI-verified against official sources.

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Provisional AwardTexasJuly 1, 2026 Opportunity

Astound forfeits ~$166M in provisional Texas BEAD awards over rising costs

Astound VP Fred Maldonado said the company is walking away from BEAD grants in Texas after the state awarded only 5 of its 33 applications, leaving noncontiguous, uneconomical build areas. Public records show Astound forfeited about $166 million in provisional Texas awards, with rising construction costs and elapsed time since application cited as key factors. Other Texas providers, including Resound Networks, also stepped away from portions of their awards.

Providers: Astound, Resound Networks · Amount: $166.0M Source

BEAD UpdateTexasJune 10, 2026 Opportunity

Astound Broadband Walks Away from ~$165M in Texas BEAD Funding

Astound Broadband forfeited about $165–166 million in provisional Texas BEAD awards after the state approved only 5 of the 33 project applications it submitted, which were designed to form a single contiguous fiber route extending from its existing network into more than 30 counties. Astound VP Fred Maldonado said the partial approval left it with disconnected counties far from its footprint, making the build uneconomical, especially amid rising costs during the lengthy award process. The Texas Broadband Development Office confirmed four tentative grant winners, including Astound and Resound Networks, rescinded their awards, affecting roughly 31,000 locations.

Providers: Astound Broadband · Amount: $165.0M Source

Award ExecutedTexasJune 8, 2026 Opportunity

Texas finalizes BEAD subgrantee agreements, with some awards shifting from provisional totals

The Texas Broadband Development Office announced it finalized subgrantee agreements for BEAD, awarding funds to 17 providers to connect over 208,000 locations, down from the roughly 240,000 locations and $1.27 billion in provisional awards announced in October. Telecompetitor's June 8 podcast and article detailed the differences, including four providers that rescinded awards and notable increases/decreases for individual providers like Nexstream, Lyte Fiber, and USConnect Holdings.

Source

Award ExecutedTexasJune 4, 2026 Opportunity

Texas finalizes BEAD subgrantee agreements with 17 providers, totaling $1.07B

The Texas Broadband Development Office announced it has finalized BEAD subgrantee agreements with 17 providers, totaling $1,067,572,758 to connect 208,873 unserved/underserved locations. This is down from the $1.27B provisional awards announced last October, with five providers (including Astound Broadband and Amazon Kuiper) losing their awards entirely and several others seeing significant changes in funding and location counts.

Providers: 360 Broadband LLC, 4 IP Technology and Media LLC (Nexstream), AMG Technology Investment Group LLC (Nextlink Internet), Aristotle Unified Communications Inc., AT&T Services Inc./Southwestern Bell Telephone Co., Charter Communications (Spectrum), Connect Holding II LLC (Brightspeed), Frontier Southwest Inc./Verizon, IBT Group USA LLC, Lucky Fiber, Lyte Fiber LLC, Plains Internet, Rural Telecommunications of America Inc., Space Exploration Technologies Corp. (Starlink Services LLC), USConnect Holdings Inc. (Livingston Telephone Co.), Valor Telecommunications of Texas LLC (Uniti), VTX Communications LLC · Amount: $1.1B Source

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Weekly digest of verified news — awards, executed agreements, and milestones across every state program.