Alaska Communications Expands High-Speed Broadband Network in Alaska with Support from NTIA BEAD Grant
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broadband equity, access, and deployment (bead) programregulatory
A broadband equity, access, and deployment (BEAD) program is a government-funded initiative that provides grants and support to build or improve high-speed internet infrastructure in areas that lack reliable service. It matters to investors because the funding can create new revenue opportunities for network builders, equipment suppliers, and service providers, and can increase economic activity and property values in connected areas—think of it like a public road-building project that opens markets by laying down digital highways.
fixed wirelesstechnical
Fixed wireless is a way to deliver internet or private data links to a specific building or location using radio signals between that site and a nearby wireless tower instead of running physical cables. Investors care because it can lower installation costs, speed deployment into new markets, and create steady subscription revenue, while also depending on factors like spectrum access, infrastructure investment and local competition that affect profitability and growth.
ANCHORAGE, Alaska--(BUSINESS WIRE)--
Alaska Communications, a trusted provider of broadband and managed IT services in Alaska, is expanding its high-speed broadband network thanks to funding from the National Telecommunications and Information Administration’s (NTIA) through the Broadband Equity, Access, and Deployment (BEAD) program.
Pictured: Alaska Communications technicians install next generation fixed wireless equipment on the Kenai Peninsula during a recent network expansion. Photo courtesy of Alaska Communications.
With a grant award of over $124 million, Alaska Communications will deploy fiber and next generation fixed wireless broadband infrastructure to serve over 9,000 unserved and underserved locations across Alaska. This expansion supports Alaska Communications’ mission to change lives through technology, helping bridge the digital divide and improve internet access for rural and remote communities. Alaska Communications will also invest its own capital alongside the BEAD grant, to extend broadband access to another 12,000 additional locations.
“We’re proud to help bring fast, dependable broadband to more homes and businesses in Alaska,” said Paul Fenaroli, Alaska Communications president and CEO. “This investment will make a real difference for families, students, healthcare providers and entrepreneurs who rely on strong connectivity to thrive.”
Alaska Communications’ network expansion will deliver up to gigabit speeds to communities including Anchorage, Akhiok, Anchor Point, Bird Creek, Delta Junction, Fairbanks, Homer, Hope, Indian, Kasilof, Kenai, Kodiak, Manley Hot Springs, Minto, Old Harbor, Salcha, Soldotna, Sterling and Womens Bay.
“We extend our deep appreciation to the Alaska Broadband Office, Governor Dunleavy, NTIA, and the Alaska Congressional Delegation for their support and commitment to expanding broadband access across the state,” said Fenaroli.
Construction planning is underway, and Alaska Communications will work closely with local communities to deliver broadband solutions that support education, healthcare, economic development and quality of life. The State of Alaska BEAD awards have been approved by NTIA and are awaiting final approval by the National Institute of Standards and Technology.
About Alaska Communications
Alaska Communications, an affiliate of ATN International, Inc. (NASDAQ: ATNI), is a leading provider of mission and life-critical communications infrastructure in Alaska. The company operates a robust and advanced statewide fiber network and a highly diverse undersea fiber optic system that connects Alaska to the contiguous U.S. For additional information, visit www.AlaskaCommunications.com.
