Amazon Receives FCC Postponement for LEO Satellite Network – 10 Billion USD Revenue Opportunity by 2030!
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The US communications authority FCC grants Amazon a postponement for the deployment of half of its LEO internet satellites. According to Barclays, an oligopolistic structure is emerging alongside SpaceX. Amazon Leo could generate over 10 billion USD in revenue with high margins by 2030. In the first quarter, the cloud division AWS recorded accelerated growth of 28% as a key fundamental driver. Amazon (AMZN, i) leverages its diversified revenue streams from e-commerce, cloud infrastructure (AWS), and digital advertising services...
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