Reply to post: Re: It Could Be Made to Work ???

UK government shakes magic money tree, finds $500m to buy a stake in struggling satellite firm OneWeb

hammarbtyp

Re: It Could Be Made to Work ???

"Which is why they're spending $500m to rescue a company that can provide rural broadband. The whole "could be made to work for positioning" is just idle left-field speculation, and not the reason for the purchase."

So basically nationalization of rural broadband services, because that always goes well. You also have to ask the question of why it went bust in the 1st place

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