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What do you think about the prospects for global satellite internet?

Discussion in 'The Lounge' started by TommyJo, Feb 10, 2021.

  1. TommyJo

    TommyJo OMG Member

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    British satellite operator OneWeb, competing with the Starlink global Internet project from Elon Musk, managed to avoid bankruptcy, which was directly mentioned in the spring of 2020. The company managed to attract an additional $ 400 million from investors to launch more than 500 satellites, and the total investment for the year amounted to $ 1.4 billion.
    Of course, these are only two projects, but they might inspire someone else to create a similar structure.
    Do you see a real opportunity for people to get affordable internet anywhere in the world in the next 10 years?
  2. Floris

    Floris I'm just me :) Hi. Staff Member

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    Crazy numbers.

    But a new internet without these big companies, and with reasonable speed for everybody. I wouldn't say no to that.
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