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For most of the people in the world, Internet is already available through land lines or cellular service. OneWeb has very little ability to extract monopoly re
by richk449 7y ago
For most of the people in the world, Internet is already available through land lines or cellular service. OneWeb has very little ability to extract monopoly rents from them.
But both sides are not relevant to the article - whether the business case is solid or not in the long run, they are running out of money in the short term.
- gpm 7y agoProperties served by land lines and cellular service just aren't potential (highly profitable) customers for oneweb. That's ok, there are plenty of other customers. Ships, air planes, the military, even more remote places, backbone for remote cell towers, and so on. It is very relevant, if the business is solid they should be able to attract more investment in the short term.