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SpaceX's satellite internet service Starlink gets $885 mn from US FCC

The Federal Communications Commission has awarded SpaceX almost $886 million as part of a program to help bring high-speed internet to rural areas in the US. A total of 180 companies won part of the $9.2 billion up for grabs in phase one of the FCC's Rural Digital Opportunity Fund auction. The money will help provide most rural areas with broadband speeds of at least 100/20 megabits per second -- and over 85% with gigabit speeds.

News source ~ CNET