The Fidium ABS transaction is secured by revenue from existing and future fiber customers and the network infrastructure supporting them.

Updated Wednesday, March 18: 39 states’ final BEAD proposals have been approved by NIST, and 32 states have signed their award agreements.

New Mexico has eight goals — three priorities and five supplemental uses — for its remaining $293 million BEAD funds.

The study suggests that the importance of “balancing the dual needs” of BEAD and state-level initiatives will increase.

The report said a 40% reduction in Universal Service support would mean broadband operators can’t continue operations on existing networks.

The funds include $4.7 million in private investment by Twin Valley and ~$7.6 million from the Kansas Office of Broadband Development’s BAG and BEAD programs.
