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Satellite to face “Iridium” class collapse over coming years

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, we have a report putting a positive spin on things by shouting about a $284 billion 10-year market outlook, while on the other we have 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 dot-com financial bubble. With pay TV subscriber bases in developed…

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