Back to Newsroom
Back to Newsroom

Billion Dollar Investments in Satellite Internet Signal Strong Potential Growth, Says SatelliteWerx.com

Monday, 16 January 2017 11:59 AM

Topic:

NEW BRUNSWICK, NJ / ACCESSWIRE / January 16, 2017 / The largest high-tech companies are in a race to bring high-speed Internet service to remote areas of the US, as well as the rest of the planet. While most of us in the West take high-speed Internet access for granted, there are about 4 billion people, mostly in developing countries, or roughly 60% of the worlds population, that do not have any Internet access at all, according to SatelliteWerx.com, a popular news and reviews service focusing on satellite TV and satellite Internet. See here: http://satellitewerx.com/.

Satellite Internet is a technology that has the ability to provide a space-based alternative to cable and fiber optics, and the ability to connect those regions of the world lacking Internet access. A number of companies, including some of the tech giants such as Facebook, Google, SpaceX, and others, are working on the development of these capabilities.

Presently, only the US, Europe, Asia, and parts of India have good availability of high-speed Internet service. Much of the rest of the world has limited access or none at all. But even in many remote areas of the United States, Internet service of the high-speed variety is sorely lacking. At this time, fiber optic cables account for 99% of international communication, while satellites account for only about 1%. But looming technological advancements may change that equation.

SpaceX, the rocket launch company founded by Elon Musk of Pay Pal and Tesla fame, is pursuing a major venture into satellite Internet. In late 2016, SpaceX filed a request with the U.S. FCC (Federal Communications Commission) for approval for a huge satellite network in order to employ a global high-speed Internet service. The SpaceX proposal would ultimately be made up of 4,425 satellites and would cost a minimum of $10 billion. Among the SpaceX financial investors are Google (now Alphabet) and Fidelity Investments, which have thus far invested a reported $1 billion. According to the company's FCC filing, "The system is designed to provide a wide range of broadband and communications services for residential, commercial, institutional, government, and professional users worldwide."

Another pending venture for satellite Internet is in the works from the company OneWeb. OneWeb recently received a $1.2 billion investment from Softbank, a large Japanese telephone and Internet company. Investors including Virgin, Boeing, Coca Cola, Qualcomm, and Airbus provided an earlier investment of $500 million.

Additionally, the Facebook venture into satellite is also potentially significant, as well. They indicate that most of the world does not have access to the Internet and they are working on methods to change this through a number of different technologies, including high-altitude long-endurance planes, lasers, and satellites. Since Facebook's future growth will be greatly impacted by the amount of people who have access to the Internet, and since a large portion of the planet does not currently have access, it is advantageous for Facebook to see expanded global Internet access. Facebook is partnering with Eutelsat Communications on this project to launch the AMOS-6 satellite. The Paris, France headquartered Eutelsat Communications is one of the world's leading satellite communications companies.

The upcoming rollout of the ViaSat-3 ultra-high capacity satellite platform that will include three ViaSat Class 3 satellites, and the venture proposes to make available to most of the planet the opportunity to receive super fast high speed Internet, with 100+ Mbps broadband service for every consumer. Each one of these new ViaSat satellites will offer 1-Terabit per second of network capacity. That translates to three times the total capacity of all commercial satellites presently orbiting the Earth. So everyone, in every part of the globe, could have access to high-speed Internet and video streaming services if the ViaSat plan becomes fully functional.

The core technology exists for a significant expansion of satellite communications services, including satellite Internet and satellite TV, and may become more viable subject to pending technological advancements, as well as improved economics, in the next few years.

SatelliteWerx.com is a popular reviews service covering satellite Internet services and satellite television services. The site also features an entertainment blog with reviews of movies and TV shows. The company recently added a new section on SatelliteWerx.com that is a marketplace for domain names related to the satellite communications industry, and television and video streaming services, a growing niche market for content delivery expected to see explosive growth in the coming years. Some of the domain names currently offered are:

  • SatelliteRX.com
  • StreamTVdirect.com
  • TVNetwerx.com
  • StreamWerxTV.com
  • TVWerx.com
  • StreamNetWerx.com
  • NetWerx.org

About SatelliteWerx.com

SatelliteWerx.com is an online news and reviews service, based in New Brunswick, New Jersey, USA, focusing on the satellite Internet and satellite TV industry.

SOURCE: Charles Sanderson Public Relations

Topic:
Back to newsroom
Back to Newsroom
Share by: