From Financial Modeling Prep: 2025-03-03 02:20:22

Amazon is set to secure a contract to offer satellite internet for Australia’s National Broadband Network (NBN), replacing the aging Sky Muster service by 2032. Kuiper, Amazon’s satellite network, is favored over Starlink for faster speeds and cost-effectiveness.

The new service will replace the current Sky Muster system, utilizing Amazon’s Kuiper low-Earth orbit (LEO) satellite network for improved connectivity across Australia.

Final approval from Australia’s Finance and Communications Ministers is pending, potentially affected by the upcoming federal election and its caretaker period.

Amazon’s strategic shift to invest in U.S. manufacturing facilities instead of Mexico could impact the tech and manufacturing sectors positively.

The potential contract win for Amazon not only solidifies Kuiper’s position in the satellite internet market but also showcases its ability to outcompete established players like Starlink.

Upgrading to a modern LEO system from Sky Muster could significantly enhance broadband speeds and service reliability in Australia, benefiting rural and regional users and driving economic growth.



Read more at Financial Modeling Prep:: Amazon’s Kuiper Set to Secure Major NBN Contract, …