Amazon CEO: Kuiper Will Generate 'Meaningful' Income
Amazon's Kuiper broadband satellite constellation is a capital-intensive effort, but eventually it "will be a meaningful operating income and [return on invested capital] business," Amazon CEO Andy Jassy said in a letter to shareholders Thursday. Amazon intends to have upward…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
of 3,200 satellites in orbit "over the next few years" to provide connectivity to the 400 million-500 million mostly rural households globally lacking access, he added.