SpaceX's Starlink to Receive $886 Million From FCC to Improve Rural Broadband

SpaceX's Starlink to Receive $886 Million From FCC to Improve Rural Broadband

5 years ago
Anonymous $y15ULlV7sG

https://www.entrepreneur.com/article/361285

The FCC is giving SpaceX’s satellite internet service, Starlink, $886 million as part of an effort to bring high-speed broadband to rural America. 

The money will come from a $9.2 billion fund the FCC created to subsidize expanding high-speed internet to underserved rural areas across the US. On Monday, the regulator announced the results of an auction in which telecom providers pledged to provide service to an area at a given performance tier and latency.