US EditionMusk’s broadband satellites have long-term costs, states say
- Converge ICT Solutions Inc. Plans to resell $4 million worth of Starlink kits, expecting a 5% to 10% growth in revenue from enterprise customers, according to CEO Dennis Uy.
- Converge aims to target a demand for satellite internet in remote areas lacking traditional infrastructure, as stated by Uy.
- Starlink service provides internet speeds of up to 200 Mbps, allowing for high-definition video conferencing, according to its website.
- Converge ICT Solutions Inc. Will resell $4 million worth of Starlink kits to enterprise customers in the Philippines, potentially increasing revenues by up to 10% in this segment.
5 Articles
5 Articles
Converge sees revenue boost from Musk’s Starlink
Dennis Uy, CEO and cofounder of Converge, announced on Tuesday in Makati City their entry into the satellite internet space via its partnership with tech tycoon Elon Musk’s Starlink. Uy said they currently have about $3 million to $4 million worth of inventory comprising “thousands” of Starlink kits. The company is targeting to move all […]...Keep on reading: Converge sees revenue boost from Musk’s Starlink
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The Press-EnterpriseMusk’s broadband satellites have long-term costs, states say
By Kelcee Griffis | Bloomberg The Trump administration is making changes to a $42 billion broadband subsidy program that will benefit satellite internet providers like Elon Musk’s Starlink, but some state and federal officials worry the technology isn’t robust enough to connect Americans on a mass scale and at affordable rates. The Biden administration’s vision for the Broadband Equity and Access Deployment Program (BEAD), designed to deliver fa…
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