Earlier quoted context omitted.
Genuinely curious about the math behind this. https://www.msci.com/indexes/index/754891 this index represents a decent chunk of the worldwide telecommunication industry. It's only worth $1.45T in total. They roll trucks and dig trenches to provide internet service - and provide other telecom services besides. My gut tells me that's cheaper than launching rockets. And these companies already provide service to most of…
I think it's possible that one reason that industry is only worth $1.45T is that they have to maintain all that infrastructure. It may be significantly cheaper to operate it all as satellites.
And you believe cables fail more regularly than satellites? Or that replacing them is more expensive? Any numbers for this?