Hi, thanks for the reply, the cost of the kit sounds astronomical, as well as the foundations required and exclusion zone around the antennas not to mention the logistics and maintenance! Just goes to show that there is a big market for satellite broadband, not quite sure who and why end users would use o3B considering they are only looking to save 300 milliseconds off the latency for people who at present either have nothing or very unreliable broadband. All strengthens the Avanti case in my opinion. Been invested here for 4 years, could have sold out for large profits before Hylas 1 launch but decided to wait until Hylas 3, hopefully by then more satellites will be announced. Way undervalued here. GL all holders
they do indeed need 2 * 4m antennas, or 2 * 7m in certain areas. These are massive bits of very complex kit. If i was 03b i would be concerned about the lack of expertise to repair these ground stations when they go wrong. Like any other piece of machinery which is constantly moving, they will definitely have problems, and will need routine maintenance by skilled engineers. Unlike Avanti`s offering which is a small static antenna, 74cm, which once installed shouldnt need any maintenance whatsoever
Lovely find, and shows the value of having fully operational satellites in space already. I wonder if some operators who were sitting on the sidelines may move over here. The O3b service seems to be very different low orbit stuff which has some advantages in terms of latency but has disadvantages in needing more satellites for coverage as well as having to switch rapidly between them to maintain service - that's my understanding of it any rate! GLA
I'm with you, Slipperyslope. Nothing ventured nothing gained. I am a bit of a risk taker, but never bet more than I can afford. With Avanti, the adventure is that if they can pull off the launch of several satellites over the next few years, the money should roll in. If they fail, well then the journey will have been interesting to say the least. Those of us who stay invested are on a roller coaster which should be worth the ride, just to stay on the trac, as long as we can afford to lose should that be the outcome.
Personally, I am a born optimist, and my gut feeling is that in 3-5 years time I will be loaded. Stay with it!
Been thinking about that. Everything is a speculative buy these days. Even with some of the main FTSE you never know what is round the corner. As they say you have to speculate to accumulate. I'm in it to accumulate but on a speculative basis.
Easy to forget on back of this good week that year's highest SP was 380 and a lot of ' drip feed ' investors, including myself, will still be 20 % plus down on ' average ' price. But still confident of significant gain over 2-3 year period
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