U.S. broadband stimulus sets aside $100 million to subsidize satellite services | PR NEWS

One year after U.S. President Barack Obama signed into law the American Recovery and Reinvestment Act, which earmarked $7.2 billion to extend broadband communications across the country, satellite firms have seen little benefit from the initiative.

The vast majority of contracts awarded to date have offered money for terrestrial wireless and fiber-optic projects. Nevertheless, industry officials say a federal program set to begin this spring that will set aside at least $100 million to bring satellite-based services to remote communities is an encouraging sign...