Musk’s Starlink Internet Service Makes Big Announcement
Starlink, Elon Musk’s SpaceX satellite internet unit, is coming to the Philippine market this year. Broadband service will be launched in the first quarter. The company’s local partner said in a statement on Friday.
Anthony Almeda, vice president and CEO of Data Lake Inc, a Manila-based company he co-owns with new entrepreneur Henry Sy Jr, said, “We are excited to finally introduce Starlink to the Philippine market in the quarter. 1 year 2023
Almeda said in a statement that its high-speed, low-latency broadband internet service would be a “game changer” for islands in Southeast Asia where broadband coverage is patchy.
In the Philippines, only 7 out of every 100 people have a fixed broadband subscription. It lags behind other countries in the region such as Singapore, Malaysia and Thailand, according to the World Bank.
Data Lake Inc said Philippine customers will pay an initial payment of $599 per unit and $99 for a monthly connection service for download speeds of 200 Mbps.