By David Meyer
Today’s speed of business requires lightning-fast, unbroken connections. Video calls, file transfers, workplace safety and other requirements depend on it—24/7. However, the cable and fiber networks that enable lightning-fast speeds have very real physical, geographical and financial constraints. Sometimes the cable can’t be laid, the region is inaccessible or there simply aren’t enough customers in the area for operators to justify the expense.
For cruise lines, airlines, mining companies and other companies operating in remote locations, low–Earth orbit (LEO) satellite networks can fill in the gap. While LEO satellite networks have been discussed for years, significant investments in the past 12 months1 and escalating network costs have intensified the spotlight.2
As companies continue to invest in their networks to support digital business agendas, it may be time for businesses underserved by traditional telecommunications companies (telcos) to reconsider LEO satellite networks. These advantages come primarily in cost-effectiveness and availability.