From BEAD to Buildout: Comparing BEAD Awards to ISP Footprints

funding
BEAD
Analysis of BEAD and FCC data quantifies the size of BEAD awards relative to providers’ current footprints. Some small and upstart ISPs will receive tens of millions in funding for expansions larger than their current footprint.
Author

Alex Karras, Michael Santorelli

Published

March 5, 2026

Key Takeaways

  • We use FCC and BEAD data to determine the relative size of service territory expansion that will be underwritten with federal grants. To do so, we calculate an ‘expansion ratio’ by dividing the number of BEAD awarded locations by FCC reported locations. This is equivalent to the percent expansion of a given ISP’s territory.
  • Why does this matter? The goal of this analysis, the first in a series aimed at getting to know the BEAD subgrantees, offers essential context for understanding the scale of the awards won by ISPs of different sizes. Intuitively, ISPs with smaller expansion ratios may find it more manageable to build BEAD-funded networks given their experience. Conversely, ISPs with a higher expansion ratio may encounter difficulty in expanding their service territory at such a large scale since they lack the bona fides of more established providers.
  • This dynamic has been evident in previous federal funding programs, notably RDOF, where some of the largest awards were rescinded by the FCC because of concerns about the ability of relatively small providers to greatly scale their networks. The ACLP discussed these concerns in a previous analysis focused on ensuring that prospective BEAD subgrantees were rigorously vetted prior to award.
NoteFull Report Available

This post provides a summary of our BEAD Recipients vs FCC Footprint Analysis report, which includes tables of all ISPs included in the analysis, the states in which they will provide BEAD-funded service, and a detailed methodology.

Data Summary

Category Providers BEAD Locations Support
Expanding 1% or Less 80 1,151,447 $5,111,753,487
Expanding 1%–10% 201 924,801 $5,095,787,668
Expanding 10%–50% 85 411,070 $2,662,564,430
Expanding 50%–100% 18 167,169 $1,025,859,291
Expanding 100% or More 24 424,197 $2,584,433,090
No match in FCC data 108 779,272 $2,782,124,951
Missing FRN 3 4,951 $14,664,929
TOTAL 519 3,862,907 $19,277,187,849

Analysis Overview

After more than three years, BEAD grants finally appear to be poised for award by the 56 states and territories that received a proportionate share of the $42B+ available to bolster broadband availability. Some states, like Louisiana, have received all the necessary federal approvals to begin deploying these funds. NTIA continues to review and approve these awards on a rolling basis.

So, who won BEAD funds? The ACLP has parsed all available Final Proposal data and identified approximately 519 different subgrantees (when grouped by parent company). Many of the winners are familiar, but some are not, and some appear to be completely unknown.

The following analysis is the first in a series that we will publish on BEAD subgrantees. This analysis offers a straightforward look at the extent to which BEAD recipients will use their funds to expand their service territories. To do so, we calculate an expansion ratio as such:

\text{Expansion Ratio} = \frac{\text{BEAD Awarded Locations}}{\text{FCC Reported Locations}}

An expansion ratio below 1 means the subgrantee will use BEAD funds to pass fewer locations than currently exist in its footprint. An expansion ratio above 1 means the subgrantee will use BEAD funds to more than double the size of their current footprint.

Why does this matter? In short, the following analysis provides essential context to understanding the scale of awards won by entities of different size. Many of the largest ISPs in the country won sizeable BEAD awards, but, per the analysis below, those funds will only expand their current service territory in a very marginal way. Conversely, numerous new or small ISPs have received BEAD awards that will subsidize deployments that will significantly multiply their current service territory. Subsequent analyses will offer additional information about these firms.

Intuitively, ISPs with smaller expansion ratios may find it more manageable to build BEAD-funded networks given give their experience and existing scale. Conversely, ISPs with a higher expansion ratio may encounter difficulty in expanding their service territory at such a large scale since they lack the bona fides of more established providers. Time will certainly tell whether this dynamic holds true. The ACLP will be closely watching.

Expanding 1% or Less

80 providers received a BEAD award 1% or less of their FCC footprint. Here are the top 10 by BEAD locations.

Provider BEAD Locs FCC Locs Ratio Support
Starlink 478,882 116,039,163 <0.01× $668,588,581
Xfinity 241,691 38,548,725 <0.01× $1,681,649,229
AT&T 180,800 65,215,306 <0.01× $1,002,126,474
Spectrum 84,198 36,725,099 <0.01× $468,522,947
Frontier 74,526 8,483,526 <0.01× $612,081,255
Verizon 26,267 44,143,613 <0.01× $235,114,695
Mediacom Xtream 23,082 2,643,612 <0.01× $163,265,334
Ziply Wireless 8,456 1,127,207 <0.01× $61,284,193
Point Broadband Fiber Holding LLC 6,138 762,140 <0.01× $47,764,449
altafiber Network Solutions 5,724 1,115,916 <0.01× $29,901,750

Expanding 1%–10%

201 providers received a BEAD award between 1% and 10% of their FCC footprint. Here are the top 10 by BEAD locations.

Provider BEAD Locs FCC Locs Ratio Support
Brightspeed 185,826 4,676,718 0.04× $557,802,747
Nextlink 92,675 2,936,849 0.03× $164,221,677
Windstream Western Reserve, Inc. 53,770 3,020,620 0.02× $184,183,949
Astound Broadband 47,966 2,577,101 0.02× $387,363,166
Wisper ISP, LLC 42,194 1,139,280 0.04× $384,668,378
TWN Communications 31,485 1,590,048 0.02× $28,240,748
Stimulus Technologies 31,327 813,281 0.04× $382,329,954
Lightcurve 31,082 1,695,853 0.02× $81,613,243
Bertram Communications 30,748 641,302 0.05× $172,374,078
Bug Tussel Wireless LLC 21,029 739,231 0.03× $83,843,580

Expanding 10%–50%

85 providers received a BEAD award between 10% and 50% of their FCC footprint. Here are the top 10 by BEAD locations.

Provider BEAD Locs FCC Locs Ratio Support
Conexon Connect LLC 50,124 387,217 0.13× $225,982,163
Surf Internet 42,655 300,136 0.14× $187,723,378
Aristotle Unified Communications 24,220 60,021 0.40× $148,559,412
123.NET Inc 18,085 70,607 0.26× $85,536,205
All Points Broadband 16,240 109,032 0.15× $149,610,226
Waverly Hall Telephone 15,832 58,380 0.27× $107,638,663
Fybercom LLC 15,165 145,160 0.10× $86,453,890
Matanuska Telecom Association Inc. 10,485 58,251 0.18× $108,433,617
TCW 9,699 26,287 0.37× $14,678,523
Midwest Energy & Communications 9,577 87,434 0.11× $59,437,634

Expanding 50%–100%

18 providers received a BEAD award between 50% and 100% of their FCC footprint. Here are the top 10 by BEAD locations.

Provider BEAD Locs FCC Locs Ratio Support
Swyft Connect 66,197 79,847 0.83× $419,719,721
Citynet LLC 25,744 41,909 0.61× $194,697,129
Mainstream Fiber Networks LLC 20,073 37,465 0.54× $122,233,512
Premier Broadband 8,942 9,817 0.91× $88,355,381
Ignite Broadband 7,841 15,164 0.52× $11,691,893
American Samoa Telecommunications Authority 6,895 8,842 0.78× $8,385,265
Steelville Telephone Exchange Inc 6,756 6,777 1.00× $55,583,558
Swiftcurrent Connect 5,124 9,481 0.54× $21,578,140
Boycom CablevisionInc 4,017 5,234 0.77× $16,437,926
Cherry Capital Connection LLC 3,650 3,787 0.96× $15,891,520

Expanding 100% or More

24 providers received a BEAD award exceeding their FCC footprint. Here are the top 10 by BEAD locations.

Provider BEAD Locs FCC Locs Ratio Support
Shawnee Telephone Company 139,217 14,588 9.54× $784,013,178
Wecom Fiber 67,259 5,798 11.6× $195,811,710
ZiTEL 49,015 18,458 2.66× $146,773,754
IBT Connect 44,906 4 11226× $111,392,682
Inland Cellular LLC 33,559 28,183 1.19× $339,708,130
Pend Oreille PUD 23,717 3,245 7.31× $130,581,883
Lyte Fiber, LLC 11,422 7,732 1.48× $171,837,525
Maverix Broadband 10,232 6,702 1.53× $103,125,198
Trace Fiber Networks 8,790 1,713 5.13× $229,777,676
NEK Broadband 7,441 7,316 1.02× $66,658,142

Unmatched Providers

108 providers couldn’t be matched to FCC data. Here are the top 10.

Provider BEAD Locs FRNs Support
AMAZON KUIPER COMMERCIAL SERVICES LLC 405,409 1 $299,483,292
RESOUND NETWORKS LLC 88,903 1 $146,157,396
4 IP Technology and Media, LLC 32,091 1 $401,831,806
Navajo Nation 30,794 2 $286,969,138
Hometown Internet, LLC 27,935 1 $135,813,251
CBN Geneva LLC 21,189 1 $121,187,012
eCommunity Holdings, LLC 14,492 1 $84,247,957
INTUS SMARTCITIES, INC. 11,607 1 $57,268,193
CoreConnect (CocoNet Inc.) 10,275 1 $90,640,683
Spokane Regional Development Authority BROADLINC 9,844 1 $66,830,287

This includes new market entrants like Amazon Kuiper, but also likely reflects FCC Registration Number (FRN) mismatches between BEAD and FCC datasets, unmatched subsidiary companies, providers who haven’t filed availability data with the FCC, or other data issues.

Methodology

BEAD data comes from states’ BEAD Final Proposal files compiled by BroadbandExpanded and available here. FCC data comes from the National Broadband Map as of 2025-06-30.

States/territories included (54): AK, AL, AR, AS, AZ, CA, CO, CT, DC, DE, FL, GA, GU, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MP, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY

Providers are matched by FRN (FCC Registration Number). Each BEAD subgrantee may have multiple FRNs; these are matched against FCC data and aggregated. The expansion ratio is BEAD locations divided by FCC locations.

Providers with multiple subsidiaries sharing the same FCC provider ID are consolidated in the tables above.

Of note, the location counts in this post and in our report do not incorporate unit counts, and look only at raw Broadband Serviceable Location (BSL) counts as provided in BEAD Final Proposal data files and from the National Broadband Map.

Additional information, including tables of all ISPs included in the analysis, the states in which they will provide BEAD-funded service, and a detailed methodology is available in our PDF report.