Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I first came across satellite broadband Satellite Solutions (SAT) around a month ago, and liked the idea of the company servicing people and businesses who are adventurous enough to live far enough out in the sticks to be in the reach of conventional telecoms services. The shares haven't moved much this year, but there might be growing support for the share price.
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Comments
tightfist
I think that the latest Stacey article under-plays SAT latest status somewhat!
I understand that they now have approaching 26,000 customers (up 160% in ten months), they made a distribution deal with BT in January, and that the Welsh Assembly and wider UK government are now funding the total installed cost of SSW systems in areas where you cannot access 2MB by copper/cable. This may also be happening in France and Poland, with scope to spread wider within the EU.
That looks interesting to me……. Doubtless SSW have competition, but there is huge potential market where cable is uneconomic. Main concerns have to be differentiation and maintaining margins in the medium term.