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How does Starlink affect Global telecommunications and Satellite services? Goldman Sachs remains Bullish on traditional Operation.
Goldman Sachs pointed out that despite facing numerous challenges, Satellite Internet still presents new opportunities for telecommunications operators, while also posing a significant competitive threat to existing satellite operators.
Musk seeks to deploy Starlink terminals in the USA airspace network.
According to informed sources, Elon Musk's SpaceX is seeking to deploy Starlink Satellite Internet terminals to help accelerate the upgrade of the information technology network used by the Federal Aviation Administration (FAA) national airspace system. These individuals, who are not authorized to speak publicly, stated that this raises questions about the conflict of interest in Musk's business empire and where the 2 billion dollar contract awarded to Verizon Communications in 2023 for upgrading this critical infrastructure will go. One person said that Musk approved the delivery of 4,000 Starlink terminals to the FAA last week, and the FAA is ...