Amazon Plans to Offer Satellite Internet Service in Late 2025
SMRTR summary
Amazon's Project Kuiper aims to launch commercial satellite broadband by late 2025, offering three service tiers with speeds up to 1 Gbps. BofA analysts project $7.1 billion in consumer revenue by 2032 if Amazon captures 30% market share. The service could benefit Amazon's core businesses, including AWS data transfers and logistics connectivity for drones and delivery vehicles.
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