Last week, we explored the problems facing Viasat, after it announced it had plans to launch a LEO satellite constellation if it could secure FCC funding. However, the FCC has been making noises about excluding satellite operators from the rural broadband funds, due to their latencies being too high. This week, Telefonica and Telesat have announced the completion of a test that shows latencies that fall under the FCC broadband definition, which suggest that the FCC is definitely wide of the mark, when it comes to ruling out satellite entirely. What’s more, they suggest that the SpaceX claim of 25ms latencies might be achievable too, although that seems like it could be only in the best-case scenario. Telesat and Telefonica…