> giants in the satellite telecom industry join forces to counter Starlink
Sounds promising..
> The acquisition will create a combined company boasting a fleet of some 100 multi-ton satellites in geostationary orbit, a ring of spacecraft located more than 22,000 miles (nearly 36,000 kilometers) over the equator. This will be more than twice the size of the fleet of the next-largest commercial geostationary satellite operator.
Huh?
> SES, based in Luxembourg
Right, the European technological thought
From Investopedia:
> A mature industry may be at its peak or just past it but not yet in the decline phase. While earnings may be stable, growth prospects are few and far between as the remaining companies consolidate market share and create barriers for new competitors to enter the sphere
> giants in the satellite telecom industry join forces to counter Starlink
>> Sounds promising..
This is hilarious to me - because the incumbent players in the satellite networking business were slow, anti-competitive dinosaurs.
They were the ones who needed to be "countered" with something that was/is;
- cost-effective
- low-latency
- high-bandwidth
They had decades of essentially monopolistic ownership of this "space" and failed to innovate.
For as much as I dislike a certain billionaire - SpaceX is doing what all the other incumbent players did not - and honestly that sounds far more promising than dinosaurs merging with each other.
Intelsat and SES are mostly GEO players, and that market is extremely competitive. It's just not great for many interactive use cases due to its latency. (SES does own O3B, which is MEO, but it seems to be somewhat of a niche player.)
LEO constellations used to be prohibitively expensive until SpaceX brought the cost per launch down massively.
Sounds promising..
> The acquisition will create a combined company boasting a fleet of some 100 multi-ton satellites in geostationary orbit, a ring of spacecraft located more than 22,000 miles (nearly 36,000 kilometers) over the equator. This will be more than twice the size of the fleet of the next-largest commercial geostationary satellite operator.
Huh?
> SES, based in Luxembourg
Right, the European technological thought
From Investopedia:
> A mature industry may be at its peak or just past it but not yet in the decline phase. While earnings may be stable, growth prospects are few and far between as the remaining companies consolidate market share and create barriers for new competitors to enter the sphere
All good but it has nothing to do with Starlink.