A Bet on Satellite Broadband

Australia’s NBN Co. is making an A$1 billion ($88.4 million) bet on satellite broadband as it plans to invest in two Ka-band satellites designed to deliver high-speed services across Australia. That’s a part of the government-backed company’s plan to connect the entire sunburned country (with apologies to Bill Bryson) with broadband. The vast majority of services (90%) will be offered via fiber-based services while the remaining 10% will come from next-generation satellite and wireless technologies.

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