FCC doubts ability to provide high-speed, low-latency service in all grant areas.
SpaceX blasts FCC as it refuses to reinstate Starlink’s $886 million grant::FCC doubts ability to provide high-speed, low-latency service in all grant areas.
The real problem there is all of the government handouts that have gone to the other ISPs for the purpose of wiring up everybody… Taking the money and then not delivering. And I know some years ago it was said that Comcast’s internet division was running at over 90% profit margin… And like other companies that were regarded highly successful operate around 30% or less.
I think I’ve read about two occasions that the government handed money to ISPs to get Internet out to rural areas, and both times the results were essentially “ISPs pocket the money, nothing changes.” It’s infuriating, and I wouldn’t be surprised if it’s happened more than twice.
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The real problem there is all of the government handouts that have gone to the other ISPs for the purpose of wiring up everybody… Taking the money and then not delivering. And I know some years ago it was said that Comcast’s internet division was running at over 90% profit margin… And like other companies that were regarded highly successful operate around 30% or less.
I think I’ve read about two occasions that the government handed money to ISPs to get Internet out to rural areas, and both times the results were essentially “ISPs pocket the money, nothing changes.” It’s infuriating, and I wouldn’t be surprised if it’s happened more than twice.
Way more than twice, we’ve provided them around 1 trillion to wire all homes in the USA…and yea. No where near that has been done.