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FBA Official Statement Regarding NTIA Issuing Waiver to Letter of Credit Requirement

“The Fiber Broadband Association appreciates the response of NTIA to meet the needs of providers by issuing today a programmatic waiver to its Letter of Credit requirement. This is an important step toward ensuring more midsize and small providers, which have long supported underserved communities, have fair opportunity to participate in the historic BEAD program and connect Americans to high-speed fiber broadband. We look forward to continuing our work with NTIA and addressing any actions needed to make reliable broadband a reality for all Americans.”

-Gary Bolton, President and CEO, Fiber Broadband Association