⟳ Репост от Gene J. Mikulka
Hughes’ Chapter 11 filing underscores a broader structural shift: #Starlink is not merely expanding satellite broadband. It is making large parts of the traditional GEO internet market obsolete through faster, lower-latency connectivity at competitive prices. #SatCom
Hughes files for bankruptcy after GEO business loses ground to StarlinkEchoStar’s Hughes geostationary satellite broadband business has filed for bankruptcy in the United States after years of mounting competition from SpaceX’s Starlink constellation.spacenews.com