The law created the Broadband Equity, Access, and Deployment, or BEAD, program, to take that $42 billion and allocate a portion to each state, as well as several territories. From there, state governments are responsible for distributing grants internet service providers to get. Throughout March, the California Department of Technology (CDT) met with potential last mile partners across the state to discuss pricing and connectivity options for the Middle-Mile Broadband Network (MMBN). These discussions included more than 40 projects funded through the California Public. The telecommunications industry in the United States has been experiencing a significant transformation in recent years, with the push for fiber optic networks taking center stage. Fiber is the most reliable and offers download speeds of up to 10,000 Mbps, which with an average cost of $63 per month, tends to cost more than. Fiber-optic cable manufacturers have benefited from the growing reliance on services offered online, including Internet of Things (IoT) connected devices and rising demand for high-speed internet from households and businesses. The legislation was supported by Democrats and Republicans in votes of 78-0 in the California Assembly and 39-0 in the state Senate. The statewide, open-access fiber lines will function.