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Market AnalysisMarket Analysis
Market Analysis

Amazon Kuiper to Replace Sky Muster in Australia’s NBN Satellite Deal – AFR

Amos Simanungkalit · 21.5K Views

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Image Credit: Reuters

Amazon (NASDAQ: AMZN) is reportedly set to secure a significant contract to provide satellite internet services for Australia's National Broadband Network (NBN), surpassing Elon Musk's Starlink, according to the Australian Financial Review (AFR). 

Amazon's Kuiper satellite network is said to be the preferred option to replace NBN's outdated Sky Muster service, which relies on two geostationary satellites that are scheduled to be decommissioned by 2032. 

Although the deal is not yet finalized, it still requires approval from Australia's Finance Minister Katy Gallagher and Communications Minister Michelle Rowland. The contract may face delays due to the upcoming federal election, which could put the government in caretaker mode and stall the decision. 

NBN CEO Ellie Sweeney recently stated that procurement efforts are well advanced, but did not confirm which providers were being considered.

Amazon had previously announced that Australia would be one of the first countries to access its Kuiper low-Earth orbit (LEO) satellite network, which is expected to launch in 2026.

This shift to a third-party LEO satellite provider is intended to enhance internet speeds and lower costs for rural and regional users.

 

 

 

Paraphrasing text from "Investing.com" all rights reserved by the original author

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