LA PLATA, Maryland — We’ve all gotten used to the satellite fleet operators’ refrain in the past few years: The GEO satellite business, once propelled by television broadcasting and sales to verticals including maritime and aeronautical markets, seems is in inexorable decline as fiber and streaming take the former and Starlink takes part of the latter.
The best play now is to manage the decline by diverting the still-consequential GEO fleet cash flows into other areas, especially connectivity.
The presumption has been that some core GEO . . .
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