Key Takeaways Dycom is aligned with the BEAD funding initiative, which targets $29.5B in broadband funding.DY has secured over $500M in verbal BEAD-related awards, not yet included in its $8.22B backlog.Dycom's footprint, workforce scale and fiber expertise position it to execute projects as funding ramps.Recently, Dycom Industries, Inc. (DY) expressed optimism surrounding the Broadband Equity, Access and Deployment (BEAD) program. The BEAD program is the United States government’s initiative aimed at expan ...

Core Points - Shenandoah Telecommunications Company (Shentel) has extended high-speed, gigabit internet service to approximately 3,300 additional homes in Campbell County, Virginia, with plans to add about 200 more by the end of the month [1] - The $20 million construction project is partly funded by the Virginia Telecommunication Initiative (VATI) and aims to enhance broadband infrastructure in rural areas [1] - Shentel emphasizes its commitment to serving rural communities and improving access to reliable internet for education, healthcare, and economic development [2] Company Overview - Shentel provides broadband services through high-speed fiber optic and cable networks to residential and commercial customers across eight states in the eastern United States [3] - The company owns an extensive regional network with over 17,700 route miles of fiber, offering services such as broadband internet, video, voice, high-speed Ethernet, dark fiber leasing, and managed network services [3] Community Impact - The collaboration with the Virginia Department of Housing and Community Development on the VATI project is recognized for its positive impact on underserved households and businesses in Campbell County [2] - The initiative aims to create competitive communities by expanding broadband access, which is essential for unlocking opportunities in various sectors [2]

Core Insights - Shenandoah Telecommunications Company (Shentel) has extended high-speed, gigabit internet service to approximately 2,500 additional homes in Bedford County and plans to add over 1,500 more by the end of the year, supported by a $24 million construction project [1] - The project is partly funded by the Virginia Telecommunication Initiative (VATI) and aims to enhance broadband infrastructure in rural areas [1][2] - Shentel has received positive feedback from Bedford County officials regarding their professionalism and progress in expanding broadband services [2] Company Overview - Shentel provides broadband services through high-speed fiber optic and cable networks to residential and commercial customers across eight states in the eastern United States [4] - The company offers a range of services including broadband internet, video, voice, high-speed Ethernet, dark fiber leasing, and managed network services [4] - Shentel operates an extensive regional network with over 16,800 route miles of fiber [4] Project Details - The construction project in Bedford County is a collaborative effort involving Shentel's capital investment, contributions from Bedford County, and funding from the VATI initiative [1] - The project aims to create competitive communities by expanding access to high-speed internet in areas that currently lack adequate service [1] - Completion of the project is anticipated in the fall of 2025, with significant progress already made in obtaining permits and installing infrastructure [2]