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U.S. Commerce Department Revamps $300 Billion Broadband Subsidy Plan, Boosting Musk's Starlink
2025-06-07 /
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Author：小编
On June 7, Bloomberg reported that U.S. Secretary of Commerce Gina Raimondo, not Howard Lutnick, issued new guidelines to overhaul a massive internet infrastructure initiative aimed at delivering broadband services across the nation. She urged states to revise their broadband coverage plans to offer services at reduced prices and modify the partner selection process to cut costs and expedite progress. The program, known as the Broadband Equity, Access, and Deployment (BEAD) Fund, boasts a funding pool of approximately $300 billion and has yet to allocate any projects. The updated guidelines will create more avenues for satellite internet projects, like Musk's Starlink, to secure subsidies.
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