AST SpaceMobile Inc (ASTS): With SpaceX winning RDOF funds, 2021 cou...

Reply Private New

Next 10 Prev Next

Send PM Follow Ignore

Followers	43
Posts	899
Boards Moderated	0
Alias Born	05/12/2001

TallTrader

Re: None

Thursday, 12/31/2020 1:22:11 PM

Thursday, December 31, 2020 1:22:11 PM

With SpaceX winning RDOF funds, 2021 could be the year satellite broadband lifts off

2021 could be the year when the United States finally gets serious about closing the digital divide. And satellite might end up playing a big role.

In early December, the Federal Communications Commission (FCC) published the results of its Rural Digital Opportunity Fund (RDOF) Phase I auction. RDOF represents more than $20 billion for service providers and their vendor partners to build broadband connections in rural and unserved areas across the U.S. The Phase 1 RDOF auction allocated $9.2 billion, and the Phase 2 auction will make $11.2 billion in funds available.

Surprisingly, SpaceX garnered $885 million in the Phase 1 auction. SpaceX has committed to use the money to bring its Starlink broadband satellite service to 642,925 rural homes and businesses across 35 states.

FREE DAILY NEWSLETTER

https://www.fiercewireless.com/tech/spacex-winning-rdof-funds-2021-could-be-year-satellite-broadband-lifts-off