Posted: Sun, Aug 14, 2022, 12:29 PM ET (1629 GMT)
The FCC Wednesday revoked nearly $900 million in broadband subsidies it previously awarded to SpaceX's Starlink system. The FCC said SpaceX had failed to show it could meet requirements for unlocking the funds, which aim to incentivize expanding broadband services to unserved areas across the United States. SpaceX was provisionally awarded the subsidies in December 2020 after competing in an auction under phase one of the FCC's Rural Digital Opportunity Fund (RDOF), and the company received one of the largest awards. SpaceX's award required it to provide broadband services with 100 Mbps download and 20 Mbps upload speeds, although recent tests by a third party showed the system was not, on average, meeting those requirements.

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