Earlier quoted context omitted.
I don‘t follow how that is the conclusion, nor do I understand your analogy. Broadband internet via cables, fiber optics, and radio towers is state of the art in telecommunication infrastructure. Satellite is both slower, more limited, and more prone to various disruptions. The capabilities of the wires and the radio towers is also improving. 5 years ago we didn’t have 5G towers, and 20 years ago fiber optics seemed…
"The only thing freezing traditional telecommunication infrastructure in place are dreams of low earth orbit satellites which will never materialize." Do you truly believe this statement, literally?
When I say LEO satellite internet won‘t materialize, I mean that it won‘t serve everybody. It will always be an expensive option which in best case will be subsidized for only a portion of the people that actually need it. LEO satellite is not the future of telecommunication infrastructure, it is lacking in almost every way next to traditional infrastructure. The only thing it is better at is a) marketing and b) providing internet to rich people in their yachts or in their mansions 10 miles out of the suburb.