EchoStar Seeks $1.1 Billion in Broadband Stimulus Funding
September 28, 2009 | Satellite Today | Staff Writer
http://www.satellitetoday.com/st/topnews/EchoStar-Seeks-$1-1-Billion-in-Broadband-Stimulus-Funding_32199.html
[Satellite TODAY 09-25-09] EchoStar has filed applications with the U.S. government seeking more than $1.1 billion in broadband stimulus money for several projects and partnerships, the company announced.
EchoStar formed a cooperative satellite broadband project with ViaSat Inc. to apply for $483 million in stimulus money to build a new satellite. EchoStar and ViaSat said they would each invest between $36 million and $114 million toward the spacecraft, depending on how much in stimulus money is granted to them, if any.
The satellite would provide download speeds of up to 8 megabits per second in all or parts of 20 states west of the Mississippi River, including Colorado, the application said. The project is estimated to cost $519 million and is expected to create or save 450 jobs during the satellite’s construction and another 2,650 jobs during the satellite’s 15-year life expectancy.
Read the rest at http://www.satellitetoday.com/st/to...lion-in-Broadband-Stimulus-Funding_32199.html
September 28, 2009 | Satellite Today | Staff Writer
http://www.satellitetoday.com/st/topnews/EchoStar-Seeks-$1-1-Billion-in-Broadband-Stimulus-Funding_32199.html
[Satellite TODAY 09-25-09] EchoStar has filed applications with the U.S. government seeking more than $1.1 billion in broadband stimulus money for several projects and partnerships, the company announced.
EchoStar formed a cooperative satellite broadband project with ViaSat Inc. to apply for $483 million in stimulus money to build a new satellite. EchoStar and ViaSat said they would each invest between $36 million and $114 million toward the spacecraft, depending on how much in stimulus money is granted to them, if any.
The satellite would provide download speeds of up to 8 megabits per second in all or parts of 20 states west of the Mississippi River, including Colorado, the application said. The project is estimated to cost $519 million and is expected to create or save 450 jobs during the satellite’s construction and another 2,650 jobs during the satellite’s 15-year life expectancy.
Read the rest at http://www.satellitetoday.com/st/to...lion-in-Broadband-Stimulus-Funding_32199.html