This post was originally published on this site
In the initial auction results announced in December 2020, LTD Broadband won $1.32 billion and SpaceX won $885.5 million.
“Starlink’s technology has real promise,” said FCC Chairwoman Jessica Rosenworcel in a statement. “But the question before us was whether to publicly subsidize its still developing technology for consumer broadband – which requires that users purchase a $600 dish – with nearly $900 million in universal service funds until 2032.”
