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Two more satellites

(Read 357 times)
Ex Member
Ex Member


Sep 24th, 2016 at 4:32pm  
Quote:
Satellite operators are launching more high-powered communications rigs into space, with two more set to join about two-dozen already in orbit by the end of the year, crowding the skies and threatening the industry’s fat profit margins.

The new orbiters being launched at a cost of as much as $500 million each are forcing established operators to embark on costly upgrades of their fleets at a time when their business outlook has darkened.

“There’s certainly a lot of supply coming online,” said Blaine Curcio, senior analyst at Northern Sky Research. “Operators are launching huge satellites with overcapacity.”

http://www.bloomberg.com/news/articles/2016-09-22/too-many-satellites-means-sky-...

Now might be a good time for us to write to our ISPs asking if they have any price reductions on offer.
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