Satellite Internet would soon be a common thing in the future!
If you can recall in early 2020 and 2021, there have been multiple telecoms companies who are interested in the new satellite internet technology, specifically Low Earth Orbit Satellite (LEOSAT). There have been a few in development but the most noticeable one is Starlink, a project created by Elon Musk to bring satellite internet all over the world. Satellite Internet is faster than the usual fiber internet and works almost anywhere.
One company interested tapping into Starlink is Converge, who has been rumoured to be in-talks with the company. Now, another listing appeared on the Philippine Stock Exchange. A company going by the name “Transpacific Broadband Group” is interested also in the satellite internet tech that Musk is developing. This company, according to the listing is also based in Pampanga, like Converge.
The main reason why TBGI wanted to opt into satellite internet is to provide a fast and reliable internet connection to families all around the Philippines. “LEOSAT technology offers a unique combination of affordability, speed, flexibility, ease-of-setup and a 27-millisecond low-latency bandwidth to deliver a superior online experience in the next level internet- of-things,” the group said.
TBGI has reached an agreement with ABS Global Limited to provide and maintain LEOSAT systems. ABS Global is an international satellite systems company.
The Starlink program would launch in 2022 and would feature around 1500 LEOSAT systems. This project is actually under the space agency SpaceX which is also owned by Elon Musk.