Telecommunication (Telco) companies have traditionally focused on expanding terrestrial infrastructure such as fiber and cellular networks to address the growing demand for connectivity across regions. The trend is changing rapidly as Telco players are increasingly integrating Satellite Communication (Satcom) solutions in their networks to extend coverage and diversify services. The key driver for this shift.
A Northern Sky Research study says the impact on Non-GEO High Throughput Satellite supply will dramatically change the parameters for satellite operators. “The Satellite Industry’s transformation continues with revenues shifting to Data verticals and deep changes in business models. The onslaught of capacity coming in targeted to tap key markets, specifically Backhaul, Consumer Broadband, Mobility.
NSR quoted in SatelliteProMe.Com article “Newtec achieves flawless communication with Telesat’s first LEO satellite”- According to Northern Sky Research (NSR), wholesale operator revenue from non-geostationary constellations, such as Telesat LEO, is expected to post a compound annual growth rate of over 40% during the next decade. The benefits of non-geostationary satellites include very high-throughput, service.