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International Finance

International Finance

STARLINK

09 Feb 2024 Zinkpot 146
  1. Starlink is a satellite internet constellation operated by SpaceX, providing coverage to over 71 countries. It aims to offer high-speed, low-latency service to people around the world. 
  2. SpaceX began launching Starlink satellites in 2019. As of early January 2024, there are over 5,289 mass-produced small satellites in low Earth orbit (LEO) that communicate with designated ground transceivers. Nearly 12,000 satellites are planned to be deployed, with a possible later extension to 42,000.
  3. Starlink offers a range of service plans to cater to different needs. Here are the key offerings:
    • Residential Plans: Designed for home users, these plans provide high-speed internet access for streaming, online gaming, video calls, and more. Users can choose from various monthly service plans based on their data requirements and usage.
    • Roam Plans: Ideal for users who need connectivity on the go, such as travelers or remote workers. Roam plans allow access to Starlink’s network even outside the home location.
    • Business Plans: Tailored for businesses, these plans offer reliable internet connectivity for operations, communication, and productivity. Business users can select plans based on their specific requirements.
    • Aviation Plans: Aimed at aviation and aircraft operators, these plans provide in-flight internet services. Starlink aims to offer global mobile phone service after 2023.
    • Maritime Plans: For ships and vessels, Starlink provides connectivity for maritime communication, navigation, and crew welfare. Reliable internet access even in remote oceanic regions.
    • Land Mobility Plans: Suitable for land-based vehicles, such as RVs, trucks, and buses. Enables internet connectivity while on the move.
    • Boat Plans: Specifically designed for boats and watercraft. Ensures connectivity for marine activities and communication.
  4. Global Coverage: These satellites can provide coverage up to 1,200 miles from their positions in space. This means that Starlink has an unprecedented reach compared to traditional ground-based services, which usually cover areas within 100 or 200 miles of the antenna.
  5. Subscriber Base: As of early January 2024, Starlink has reached over 2 million subscribers worldwide. The goal is to continue growing and serve millions more users.
  6. In summary, Starlink’s extensive satellite network aims to bridge the digital divide and provide reliable internet access to users across the globe.
  7. Recently, the Department for Promotion of Industry and Internal Trade (DPIIT) has clarified to the telecom department that undertakings given by companies on foreign shareholding should be accepted, a development that will pave the way for Elon Musk-owned Starlink to be granted the license to start satellite communication services in India.
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