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- 1Amazon Stock Rises on Satellite Milestone for Starlink Rival▼AMZN Stock Gains On Hitting Satellite Milestone to Launch Starlink Internet Rival This Year
Amazon shares gained after the company hit a key satellite milestone, keeping it on track to launch its broadband constellation, a direct competitor to SpaceX's Starlink, later this year. Investors welcomed the progress in Amazon's push into satellite internet services, a market currently dominated by Elon Musk's Starlink network.
- 2Broadband projects bring internet to nearly 900 rural student households▼Nearly 900 student rural households have access to internet thanks to broadband projects
Nearly 900 rural households with school-age students now have internet access as a result of broadband expansion projects. The initiative is aimed at closing the digital divide so students in remote areas can participate in online learning and access educational resources. Officials point to the milestone as evidence that infrastructure funding is reaching underserved communities.