Dividends and Starlink unveils voice service plans

If you think about Tesla, you likely think about Elon Musk. Mr. Musk has many investments and one of the most public is Space X. Space X has ambition to go to Mars but it makes money from satellites. Starlink has plans to send up to 12,000 satellites and has sent up 1,000 already.

In an article by Alexandra Posadzki, Starlink Services would provide telephone services connecting consumers to its MSP’s platform to its MSP’s platform using its MSP’s platform using its network capacity. VOIP is a cheaper alternative to alternative to traditional telephone service, but relies on user’s internet connection.

The company says demand is strong for its service and more than 10,000 customers have already signed up to pay a monthly fee and the company says hundreds of thousands have expressed interest in the service. It is important to note Disney signed up 100 million people to its Disney plus channel and Verizon and Comcast has millions of monthly subscribers.

Linking to dividend paying stocks, in the communication business monthly subscribers are the key and there is plenty of competition for each and every subscriber. Loyalty is less and less and cost per monthly is important. It might be Starlink continues to bring down the costs, but it will take a long time before it reaches the market reach of the biggest companies. Celebrate the innovations, and watch them but ensure the metrics needed to make a profit are there before you invest your money and check it every quarter. With Disney, Comcast and Verizon you can do that, with Starlink you are hoping.

There are more questions than answers, till the next time – to raising questions.

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