Nigeria Approves Satellite Licenses for Amazon Kuiper, BeetleSat, Satelio [Yahoo! Finance]
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Source: Yahoo! Finance
NSLComm's BeetleSat, and Germany-based Satelio IoT Services, according to the Nigerian Communications Commission. The authorization positions them alongside SpaceX's Starlink in Africa's expanding satellite broadband sector. Warning! GuruFocus has detected 4 Warning Sign with AMZN. Is AMZN fairly valued? Test your thesis with our free DCF calculator. The NCC said the approvals fall under its commercial satellite communications framework, which aims to attract private investment and support next-generation non-geostationary satellite systems. Amazon's Kuiper Systems received a license to deliver Ka-band services across Nigeria via its 3,236-satellite Project Kuiper constellation from February 2026 through February 2033. BeetleSat secured similar rights for its 264-satellite network, while Satelio was cleared for its planned 491-satellite IoT system. The NCC said the decision supports Nigeria's goal to expand high-speed internet access and align its regulatory standards with i
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