The state has won a key federal approval for its plan to award nearly $630 million to more than a dozen companies to help modernize internet service in Alaska.

The money represents the largest single chunk of federal funds ever committed to improving online access across the state, officials said.

It will extend high-speed internet to more than 46,000 homes and businesses in the state, bringing at least 100 megabyte download speeds to areas currently considered “unserved” or “underserved” when it comes to digital connectivity.

Many are located in rural sections of the state. But the program will also be deployed in the outskirts of Anchorage and other cities, improving service to houses and cellphones.

Once built, the projects will transform life even in Alaska’s most remote corners, Gov. Mike Dunleavy said in a statement.

“This will open up new opportunities for Alaskans to access jobs and education, start new businesses, and connect with healthcare providers in real time, which has not been possible until now,” he said.

The money is part of the Broadband Equity, Access, and Deployment program, or BEAD.

Created in the bipartisan, Biden-era infrastructure bill, it seeks to bridge the nation’s digital divide.

The Alaska Broadband Office still awaits one last federal approval that’s viewed as a formality, officials say. But the 15 award recipients, ranging from the state’s largest telecommunications company to small tribal entities, should begin receiving final approval for the awards in the coming months, they say.

The companies plan 29 projects to deliver fiber, wireless or satellite services, or hybrid versions.

Large providers, such as GCI and Alaska Communications, are on deck to receive more than $100 million apiece under the program.

Tiny entities are poised to also receive grants, such as the tribal government for Atka in the Aleutian Islands, set for a $4.9 million grant to deliver wireless service to 432 homes and businesses.

Christine O’Connor — head of the Alaska Telecom Association, which represents many telecommunications providers — said internet service has improved a lot in Alaska.

Two other federal programs, ReConnect and Tribal Broadband Connectivity Program, have together injected about $1 billion into the state in recent years, she said.

Those were also supported with funding from the infrastructure act.

O’Connor said this latest funding will help complete the build-out. It represents the largest federal investment at one time for improving digital connectivity in Alaska, she said.

Dozens of communities in the state still have extremely limited internet service, she said.

This will change that, allowing many families for the first time to do things like stream video-conference calls with multiple people, download movies or better promote their businesses on social media.

“If you’ve got really slow or no internet, and then all of a sudden you have a 100-megabit minimum speed, that goes from being barely able to function in the digital landscape of our world to having complete access,” she said.

“So it’s night and day when you think of everything we do online these days,” she said.

SpaceX among the winners

Space Exploration Technologies, the owner of Starlink, is set to receive $23.6 million to deliver service to more than 15,000 homes and businesses across the state.

The win for SpaceX came after the Trump administration revised rules to create what it described as a technology neutral program that gave satellite-based providers a better chance of winning a grants over fiber, considered the gold standard for internet service.

O’Connor said that even without that revision, satellite-based internet would have been part of the grant-supported programs in Alaska, given the state’s many far-flung communities.

“It’s not cost effective or even possible to reach everyone without using some satellite capacity,” she said.

U.S. Commerce Assistant Secretary Arielle Roth recently approved the state’s $629 million in proposed awards, the state said in a prepared statement.

The awards still must be approved by National Institute of Standards and Technology, a federal agency, O’Connor said. But that’s expected to be a routine review, she said.

After that, the state will have six months to finalize the contracts, which then will start the clock on a four-year period for providers to complete the projects, she said.

In total, Alaska has been allocated $1 billion under the program.

The federal government has not yet said exactly how the remainder of the state’s allocation can be spent, O’Connor said. It will also support broadband access.

Alaska Republican Sens. Dan Sullivan and Lisa Murkowski praised the approval of the state’s program, in a prepared statement. They had joined the late Republican Rep. Don Young in voting for the infrastructure act in 2021.

“These funds will go a long way toward the goal of connecting every Alaskan” and unlock telehealth, education and business opportunities, Sullivan said.

“Importantly, it will better allow Alaskans to connect with one another,” he said.

GCI will expand rural network

GCI, Alaska’s largest telecommunications company, is set to receive three grants, said Megan Webb, a spokesperson.

She said federal approval of the state’s proposal is a “major milestone for Alaska.”

It comes after years of planning by telecommunications companies, she said.

The largest grant to GCI, at $115 million, will help expand the company’s rural Airraq network, adding 16 villages in Southwest Alaska, Webb said.

The plan involves hybrid services using fiber and microwave, to improve slow internet speeds in those communities, she said.

The locations include Mountain Village, Chefornak, St. Mary’s, Mekoryuk, Kipnuk, Goodnews Bay and Togiak, she said.

The company also won two additional grants, totaling almost $6 million, to improve service on the fringes of Anchorage and Eagle River.

That will be useful for first responders in remote areas, cellphone users and households, she said.

“It will improve access to broadband and support improved mobile connectivity in Ship Creek, Bear Valley, Rabbit Creek and the south fork of Eagle River,” she said.

ACS adding thousands of homes

Alaska Communications is set to receive three grants totaling more than $123 million.

The company plans to deliver fiber and advanced wireless infrastructure to over 9,000 homes and businesses. It also plans to invest $26.7 million of its own capital to extend broadband to an additional 12,000 locations, said Heather Cavanaugh, a spokesperson.

The expansion will deliver speeds of up to a gigabyte in Anchorage, Bird Creek and Indian; along with communities on the Kenai Peninsula, such as Hope, and Kodiak Island, Cavanaugh said. Fairbanks, Manley Hot Springs, Salcha and Delta Junction areas will also see the improved service.

“This investment will make a real difference for families, students, healthcare providers and entrepreneurs who rely on strong connectivity to thrive,” said Paul Fenaroli, president of Alaska Communications, in a prepared statement.

Quintillion has been selected for two projects totaling $48 million, to extend its Arctic fiber network in the Lower Yukon region and on St. Lawrence Island.

“In the Lower Yukon region, Quintillion will extend connections from its Nome-to-Homer Express fiber backbone and build local fiber networks within each community,” said Michael “Mac” McHale, president of the company.

“Some locations will connect to the backbone through existing microwave links, while others will connect directly via fiber,” he said in a prepared statement.

“On St. Lawrence Island, the project will deploy fiber-to-the-home networks supported by satellite backhaul due to the island’s remote location,” he said.

SpitwSpots, launched about 20 years ago to provide hotspot service on the Homer spit, is set to receive $16.7 million. It will also invest some of its own capital to support the project.

The company plans to provide fixed wireless service in the Matanuska Valley, Kenai and Kodiak areas, state records show.

SpitwSpots, whose programs include discounted or free service for low-income households, has recently expanded into the Anchorage market, said Aaron Larson, the company’s founder.

He said there are over 2,000 unserved houses and buildings in Anchorage.

“You’d be surprised,” he said. “There’s a lot of places that don’t have any access to internet, or only have access to DSL,” he said, referring to old, slow digital subscriber lines.

And Kalshi was having such a good week.

On Tuesday, Arizona Attorney General Kris Mayes filed criminal charges against KalshiEx LLC and Kalshi Trading LLC, the companies behind the Kalshi prediction market platform, for “operating an illegal gambling business in Arizona without a license,” and “for election wagering.” All told, the filing carries 20 charges.

“Kalshi may brand itself as a ‘prediction market,’ but what it’s actually doing is running an illegal gambling operation and taking bets on Arizona elections, both of which violate Arizona law,” Mayes said. “No company gets to decide for itself which laws to follow.”

Mayes alleges Kalshi “accepted bets from Arizona residents on a wide range of events in violation of Arizona law,” like professional and college sports — including prop bets — and whether the SAVE Act would become law. SAVE, or the Safeguard American Voter Eligibility Act, is a proposed federal law that would amend the National Voter Registration Act of 1993 to require “documentary proof of United States citizenship” to register to vote.

All told, the filing carries four counts of election wagering, including bets on the 2028 presidential race ($2 on J.D. Vance winning the big office), the 2026 Arizona gubernatorial race, the 2026 Arizona Republican gubernatorial primary and the 2026 Arizona Secretary of State race. Arizona law prohibits operating an unlicensed wagering business and separately bans betting on elections outright.

The bets specified for on each of the 20 counts ranged from $1-$30. Count 6 was a dollar bet on if Elon Musk would attend the Super Bowl. (He did not.)

“These state-court charges are seriously flawed. It’s gamesmanship,” a Kalshi spokesperson said in a statement provided to The Hollywood Reporter.

“Four days after Kalshi filed suit in federal court, these charges were filed to circumvent federal court and short-circuit the normal judicial process. They attempt to prevent federal courts from evaluating the case based on the merits — whether Kalshi is subject to exclusive federal jurisdiction,” the Kalshi statement continues. “These charges are meritless, and we look forward to fighting them in court.”

“Arizona will not be bullied into letting any company place itself above state law,” Mayes said.

At this point in the story, you’re probably wondering, what about Polymarket? Polymarket is an offshore platform and thus out of reach of U.S. regulators, but certainly not out of reach of bettors’ access.

More than $120 million in total was wagered on this past Sunday’s Oscars on Kalshi, a spokesperson told THR. The predictions markets on both Kalshi and Polymarket got 19 of 24 Academy Awards winners correct.