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Cringely speculates that Starlink is getting funding from the FCC's rural broadband fund - which currently has $16bn available. Starlink is bidding on broadband
by chiph 5y ago
Cringely speculates that Starlink is getting funding from the FCC's rural broadband fund - which currently has $16bn available. Starlink is bidding on broadband auctions that the traditional ISPs won't because it'd be unprofitable for them to run cable/fiber to the residences. Which isn't a problem for a satellite operator like Starlink.
https://www.cringely.com/2021/04/20/starlink-is-a-global-isp-built-at-zero-cost-to-spacex-enabling-nasas-artemis-launch/ https://www.cringely.com/2021/04/20/starlink-is-a-global-isp...
- pavon 5y agoI think other telcos subcontracting their bids to SpaceX is highly unlikely. Especially since their aren't really any penalties for not completing all the build-out they bid on. So the non-speculative part is that SpaceX was awarded $885M, which is a good chunk of money, but a small fraction of the $30B they will need.