Satellite Internet providers, once optimistic about their chances of winning at least some of the $7.2 billion set aside for broadband projects in the U.S. economic stimulus package enacted in February, have grown pessimistic as government agencies get closer to selecting individual projects for funding. ViaSat, EchoStar, Hughes Network Systems and others have applied for grants and loans worth a combined $2.2 billion for projects aimed at providing broadband access to rural and other underserved areas.
