Nevada is moving ahead with one of its largest broadband infrastructure efforts to date. Governor Joe Lombardo announced that the state will invest $327 million in new projects designed to bring high-speed internet to nearly 50,000 homes, businesses, and community institutions across the state.
Coordinated Funding Strategy
The new investment draws from multiple federal and state programs, consolidated into a single deployment plan:
- $174 million from the Broadband Equity, Access, and Deployment (BEAD) Program
- $99 million through the State Fiscal Recovery Fund (SFRF)
- Additional allocations from the Capital Projects Fund (CPF)
Together, these resources form Phase III of the High-Speed Nevada Initiative, a statewide effort to close service gaps and modernize digital infrastructure.
Competitive Awards Process
The Governor’s Office of Science, Innovation, and Technology (OSIT) managed a competitive selection process over the past 13 months. More than 2,700 applications from 21 broadband providers were evaluated, with awards granted based on cost efficiency, scalability, and reliability.
By structuring the process as open and competitive, the state was able to drive down projected costs while maximizing taxpayer value.
Providers Selected
The final awardees include both national carriers and smaller local operators:
- Valley Electric Association / Valley Broadband – $3.89 million
- Amazon Kuiper Commercial Services
- AT&T
- Cox Communications
- Beehive Broadband
- Reno-Sparks Indian Colony
- Stimulus Technologies
- WeLink Communications
- SpaceX (Starlink)
This combination ensures Nevada can deploy a mix of fiber, hybrid coax, fixed wireless, and satellite technologies to overcome its geographic challenges.
Implementation Timeline
Nevada’s BEAD proposal now awaits approval from the National Telecommunications and Information Administration (NTIA). A decision is expected by the end of 2025. Once approved, construction is scheduled to roll out over the following four years, prioritizing areas where private investment has historically been limited.
Closing Coverage Gaps
Despite progress in metro regions, large portions of rural Nevada remain without adequate broadband. Sparse populations and rugged terrain have made infrastructure projects costly and difficult to sustain.
Phase III of the High-Speed Nevada Initiative is designed to address these challenges directly, funding projects that will extend reliable internet to communities left behind in earlier deployments. The focus is on enabling education, healthcare, commerce, and public safety services that increasingly depend on connectivity.
Broader Market Context
Nevada’s approach highlights several national broadband trends:
- Funding consolidation – States are pooling BEAD, SFRF, and CPF resources to maximize impact.
- Technology diversity – Multiple network types are being used to balance reach and cost.
- Provider mix – Awards are going to both large carriers and regional cooperatives.
For telecom operators, the program represents near-term construction opportunities and long-term customer growth. For the IP address market, these projects will also add to the growing demand for IPv4 resources as networks expand and more subscribers come online.
Outlook
With $327 million committed, Nevada is setting an aggressive pace for broadband rollout. If approved on schedule, construction will begin in 2026 and continue through the end of the decade.
The initiative reflects both the scale of the state’s connectivity challenges and the market implications of closing them—driving infrastructure investment, expanding networks, and fueling demand for critical internet resources such as IPv4.
More on BEAD and Broadband
- More of our recent stories about BEAD and public broadband programs
- For up-to-date information on the $42 billion BEAD Program, check Brander Group’s BEAD funding progress dashboard
- For details on Nevada awardees and program updates, visit OSIT.nv.gov.
- IPv4 Demand Holds Steady as Market Awaits Next Shift
- Arkansas $1 Billion BEAD Program Closes Phase One with 98% Participation
- New York Broadband Awards: $636M for 54,000 Locations
- Indiana $340 Million BEAD Funds to Broadband Expansion
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