News Summary

Louisiana has become the first state in the U.S. to receive approval for $1.35 billion in funding aimed at improving internet access through the Broadband Equity, Access, and Deployment (BEAD) program. Governor Jeff Landry is set to initiate efforts to expand broadband connectivity, particularly in underserved rural areas. While funds will take time to be released due to ongoing discussions, the initiative promises to enhance broadband infrastructure, increase economic growth, and create thousands of jobs in the state. Major telecommunications companies are already lining up to benefit from this historic funding.

Louisiana Makes Big Waves in Broadband Expansion with $1.35 Billion Approval!

Hey there, folks! If you live in Louisiana, you’re going to want to sit up and take notice. Our state is leading the charge in a surge of broadband expansion that’s set to change how we connect to the internet. That’s right! Louisiana is the very first state in the entire United States to get the green light for a whopping 1.35 billion dollars dedicated to improving internet access for everyone. Exciting, isn’t it?

A Game-Changer for Connectivity

So, what’s all the fuss about? This fantastic funding comes through the Broadband Equity, Access, and Deployment (BEAD) program, which approved Louisiana’s plan mid-January. This is huge news for millions who struggle with unreliable internet, especially in those rural areas where access has been far from ideal.

However, it’s important to note that while the approval is exciting, the actual funds haven’t been released just yet. The National Institute of Standards and Technology (NIST) is holding onto the cash while they discuss some potential changes to the program parameters. It seems there’s a bit of patching up to do before the funds can start flowing.

Ready to Roll

Despite the delay in fund release, Governor Jeff Landry is all set to hit the ground running. He has communicated to the U.S. Secretary of Commerce that our state is ready to kick off work on expanding rural broadband. He’s filled with confidence that construction will be underway within the first 100 days of his administration.

Now, here’s a bit of juicy insight: there’s some chatter that the potential changes being discussed could introduce low-Earth satellites to bolster internet coverage, alongside the traditional fiber lines. Yet, there is concern that if these changes go through, 30 other states that submitted proposals could find themselves having to restart their applications from scratch. That could leave a lot of folks waiting even longer for better internet!

An Economic Boost

But enough of the nitty-gritty! Let’s talk about the good stuff this funding is set to bring. The plan includes a program called Gumbo 2.0, which is eyeing to enhance broadband infrastructure in underserved regions. They’re looking to expand fiber connectivity to about 140,000 locations, which is fantastic for roughly 100,000 households and around 35,000 small businesses. Sure sounds like a win-win!

Not to mention, this expansion is expected to create between 8,000 to 10,000 new jobs while generating an impressive 2 to 3 billion dollars in revenue for Louisiana’s economy. Can you imagine the positive ripple effect this will have on our communities?

Who’s Getting the Dough?

In the meantime, some companies are already set to receive their share of the pie. For instance, AT&T is in line to get almost $55 million to extend fiber to an extra 20,000 locations across the state. Also, companies like T-Mobile, REV, and Swyft Fiber have been awarded about $450 million collectively through the BEAD program. There’s no doubt a lot is happening!

Cajun Broadband is also getting in on the action with a $26.7 million grant to elevate fiber-optic access for around 6,300 customers across four parishes. This move aims to provide quality high-speed internet to underserved communities and boost a much-needed robust fiber infrastructure.

The Biggest Ever

This Gumbo 2.0 initiative is being hailed as Louisiana’s most significant broadband expansion program in history. Strikingly, the funding is higher than what’s allocated to only six other states, even those with larger populations! Senator Bill Cassidy played a pivotal role in securing this funding as part of the Infrastructure Investment and Jobs Act.

So, what can we say? With Louisiana leading the way in broadband funding approval, it’s an exciting time for the state! As we await the release of these funds, let’s keep our fingers crossed for swift action and a future where speedy internet access is a given for everyone.

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Author: HERE New Orleans

Tagged louisiana business, louisiana economy, louisiana infrastructure, louisiana politics, louisiana sports business, louisiana technology

Louisiana Approves $1.35 Billion for Broadband Expansion