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> OneWeb going bankrupt suggests that profit margins will be low at best, negative at worst It suggests that investors didn't think that OneWeb would have suff
by jessriedel 7y ago
> OneWeb going bankrupt suggests that profit margins will be low at best, negative at worst
It suggests that investors didn't think that OneWeb would have sufficient profits. The example I gave suggest that investors think that Starlink and the new Iridium satellites will be profitable.
The market for Starlink are the millions of people in rural and sparce suburban areas for whom internet connections are slow and expensive.