The race to dominate satellite Internet heats up

By Tangi QUEMENER

Internet
Thursday, 07 Apr 2022
4:15 PM MYT

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Because most satellite Internet services use satellites at geostationary orbit – more than 35,000 kilometers (22,000 miles) from Earth’s surface – their speed cannot match that of fiber, prohibiting use for high-speed tasks like gaming. — Digital life photo created by rawpixel.com - www.freepik.com

COLORADO SPRINGS: Though satellite Internet has existed for years, the competition is about to rapidly intensify, with companies planning to launch thousands of their own systems into low Earth orbit.

The latest move in the industry came on Tuesday from Amazon, which took a major step towards getting its US$10bil (RM42.18bil) Kuiper constellation off the ground by sealing deals with three rocket companies.

Tags / Keywords: Satellites

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Symbol	Open	High	Low	Last	Chg	%Chg	Vol ('00)
FOCUS	0.010	0.010	0.005	0.005	-0.005	-50.00	2,466,611
HSI-PWHI	0.185	0.200	0.185	0.195	0.015	8.33	1,803,790
HSI-PWHV	0.170	0.185	0.170	0.180	0.010	5.88	1,523,383
HSI-CWGS	0.110	0.110	0.100	0.100	-0.020	-16.67	1,280,046
HSI-CWGX	0.230	0.230	0.200	0.205	-0.025	-10.87	980,881
HSI-CWGI	0.135	0.140	0.130	0.130	-0.020	-13.33	979,394
OXB	0.360	0.400	0.360	0.385	0.095	32.76	838,483
EKOVEST	0.430	0.430	0.380	0.385	-0.055	-12.50	660,144
ZETRIX	0.835	0.860	0.835	0.860	0.025	2.99	457,569
NEXG	0.530	0.535	0.525	0.530	0.000	0.00	395,551
TANCO	0.920	0.930	0.915	0.920	-0.005	-0.54	315,738
MTRONIC	0.010	0.010	0.005	0.010	0.000	0.00	304,511
PHARMA	0.195	0.200	0.180	0.195	-0.020	-9.30	294,808
SAPNRG	0.040	0.040	0.035	0.040	0.000	0.00	270,024
ECOSHOP	1.340	1.340	1.260	1.280	-0.070	-5.19	254,785

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