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Satellite industry at risk of its own dotcom bust

A couple of contradictory reports trickled out of the satellite industry this week, contributing further confusion to a fragile marketplace which craves clear direction. On one hand, there was a report putting a positive spin on things by shouting about a $284bn 10-year market outlook; while on the other, there was a well-regarded industry analyst damningly describing plans for low earth orbit (LEO) satellite launches as rife with holes. To these supposed flaws first. Tim Farrar from telecoms and finance consulting firm TMF Associates reckons the new supersized satellite constellations set to launch in the next five years, comprising smaller and cheaper satellites, will trigger a repeat of the dotcom financial bubble. With pay-TV subscriber bases in developed countries withering…

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