That said, some ISPs have been known to collect hundreds of billions in taxpayer money on the promise of providing service only to just pocket that money without providing it anyway so for consumers, the real world impact of ISPs losing that money isn't so clear.
1: http://irregulators.org/wp-content/uploads/2017/05/BookofBro...
2: A more recent example from 2024: https://www.washingtonpolicy.org/publications/detail/the-42-...
Rural programs are really successful, until the money runs out. Cities get screwed though — I served on a commission with my city on this topic and the only feasible competition at scale, Verizon, refused to engage unless the city allowed them to pick individual blocks to deploy, which means no servitude for underrepresented people.
Nationwide telecomms did that with funds for fiber to the premises as well. I have no idea why these telecomms can take the money and just refuse to provide the services.
If it was already affordable to connect those houses there wouldn't have been a need for federal funding (not to say that I think tax dollars should be spent that way or that the program was run well).