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BEAD and “Non-Deployment” Funds: Is AI the Path Forward?

The biggest financial question now with BEAD is whether the $20+ billions no longer necessary to connect unserved and underserved locations will be returned to the federal Treasury or spent by the states on other broadband related purposes. Governor Landry, the Republican Governor of Louisiana, just sent a letter to the Department of Commerce proposing have the states keep the money but restrict the use to AI related purposes. In this note, we assess the likelihood of success of the effort.
Provider
New Street Research
New Street Research

Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.

New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:

  • Pan European Telecom Services and Cable
  • US Telecoms, Cable, Satellite and Towers
  • Global Emerging Market Telecoms
  • Japan Telecoms
  • Asian Internet
  • Pan European Healthcare
  • Global healthcare thematic research

We provide debt research on:

  • Pan European Telecom Services and Cable


Analysts
Blair Levin

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