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China’s Starlink Beats Elon Musk in Brazil

SpaceX is attempting to de facto monopolize satellite orbital resources in space. Now, Brazil and China have ended this monopoly with a single contract

On November 20, China’s low Earth orbit satellite network, 千帆星座 (Qianfan, officially known as the Spacesail Constellation), signed an agreement with Brazil’s National Telecommunications Company, Telebrás, to begin providing satellite communication and broadband internet services to Brazil by 2026.

According to the US International Trade Administration, Brazil had approximately 181.8 million internet users in January 2023, and the telecommunications market in Brazil is expected to grow to $40.82 billion by 2028. This represents a significant loss for Starlink.

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Discussion

Kevin's Bacon 1y ago

If it was ended so easily, it was not a monopoly. Unless by monopoly you simply mean the only current provider.

Implausible Deniability 1y ago

That's what I'm alluding to by saying de facto. The silicon valley/US playbook is first mover advantage then use endless 0% interest rates to operate at a loss if necessary until there's no one able to compete creating a US monopoly.

Kevin's Bacon 1y ago

That's privilege and market distortion from the monopoly that is government. Not a monopoly on space.

Implausible Deniability 1y ago

Maybe you're alil confused I don't think anyone is saying a monopoly on space. The monopoly talked about here is the first company to deploy space based internet services first. Using that to get first mover advantage like uber did.

Kevin's Bacon 1y ago

That's not a monopoly. That's just an entrepreneur taking 100% market share. The two are not the same, unless that's what you define as a monopoly, your own definition. It's economics.