FILE PHOTO: SpaceX founder and Tesla CEO Elon Musk speaks on a screen during the Mobile World Congress (MWC) in Barcelona, Spain, June 29, 2021. REUTERS/Nacho Doce
WASHINGTON (Reuters) -The U.S. Federal Communications Commission rejected SpaceX's Starlink and LTD Broadband's applications for more than $2 billion in internet service subsidies, the FCC said on Wednesday.
In December 2020, the FCC tentatively awarded $9.2 billion to over 300 bidders to deploy high-speed broadband from the Rural Digital Opportunity Fund. LTD Broadband won $1.32 billion and SpaceX's Starlink satellite internet network won $885.5 million in the 2020 auction.
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