MINDSET with Gambrah Sampeney Kwabena Adjei: The satellite race


Finally, the iPhone 14 is on the market and it has a satellite feature.

It does not have the normal sim tray in it, but what is termed as an E-SIM.

Space X is a company that was founded in 2002 on May 6, by Elon Musk with the goal of reducing space transportation costs and enabling the colonisation of Mars.

Just two years ago, it was reported all over the world that they have finally put up some satellites into space, and this is an expert from a report done by Jonathan Amos of BBC news; and this is how it was captioned: ‘SPACE X puts up 60 Internet satellites’.

The Space X Company has begun the roll-out of its orbiting broadband system.

A Falcon 9 rocket launched from Cape Canaveral in Florida late on Thursday, packed with 60 satellites capable of giving users on the ground high-speed connections to the Internet.

Entrepreneur Elon Musk’s firm aims eventually to loft nearly 12,000 spacecraft for its ‘Starlink’ network.

Space X is one of several commercial outfits with permission to fly an Internet mega-installation.

Other also include the UK-based start-up, One Web, which began its roll-out in February 2020 with six operational spacecraft.

Online retailer Amazon also has ambitions in this market. It is working on a 3,200 satellite proposal known as Project Kuiper.

All the concepts envisage flying spacecraft in a low Earth orbit less than 2,000 km above the planet; this will minimise the delay or latency in the Internet connections.

Apple said that it would spend US$450million from its advanced manufacturing fund on expanding the satellite infrastructure.

The point of all this is that very soon:

  1. Data will not be provided solely by Network Operators.
  2. Data would be far cheaper than what it is today.
  3. One can choose to do away with network operators because you can still make your phone calls through the Internet space.
  4. This will also make connections to the Internet quicker than you can imagine
  5. The days of network not being available at certain areas would be done away with because of the satellite connections being increased into outer space.
  6. Satellite phones would not be exclusive to some other users but common to all and sundry.

Moreover, it is just fascinating to realise that the outer space is also now a MARKET.

The fulcrum is that the Network Operators, especially those within the African market, are also disrupting themselves into financial technology companies.

Finally, if these current network operators are disrupting financial space without the physical brick and mortar approach, shouldn’t the current physical financial hubs think of synergies other than thinking they can stand on their own?

Your guess is as good as mine.

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