Amazon to invest $14 billion in satellite broadband plan – iTnews

Amazon will invest more than US$10 billion (A$14 billion) to build a network of 3236 satellites that will provide high-speed broadband internet services to people around the world who lack such access.
The announcement follows the US Federal Communications Commission’s approval of the plan, called “Project Kuiper”, for the constellation of low-Earth orbit (LEO) satellites that will compete with the Starlink network being built out by Elon Musk’s SpaceX.
It also comes on the heels of Amazon pos…

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