Elon Musk is seizing power in space with satellites
Governments ruled the skies in the days of Sputnik and the Apollo missions, but the closest thing to a space dictator these days is the SpaceX founder.
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If you have spotted mysterious objects in the sky recently, you are not alone. Reports of unidentified flying objects in the US increased by 1000 last year, although many of those UFOs turned out to have been aircraft, drones and satellites. There are a lot of the latter floating around.
Elon Musk added even more last week, with the launch of a further 60 Starlink communications satellites aboard one of SpaceX’s Falcon 9 rockets. He now has 1400 satellites aloft to provide broadband internet access in places where it is scarce, and he shows no signs of slowing down.
Pushing for broadband expansion for all Pennsylvanians is not something new for me â several years ago, I realized our state had a serious problem regarding reliable, affordable access and I began to further investigate why, as a state, we had fallen so behind. Since the pandemic, access and connectivity issues have only exacerbated.
The work to make this happen certainly isnât without its challenges, as significant infrastructure and investments are needed. I remain undeterred in my efforts to ensure each one of us is connected â not just in certain parts of our great state.
Recently, the House Democratic Policy Committee held hearings to discuss how we can better connect our communities and effectively bridge this digital divide. Itâs imperative that we do everything possible to solve connectivity issues for our school students, who are unable to complete virtual assignments from home, and our college students, who canât access online classes.
Author Bio
Nicholas has been a writer for the Motley Fool since 2015, covering companies primarily in the consumer goods and technology sectors. He is also the founder and president of Concinnus Financial, a Registered Investment Advisor based in Spokane, WA. He enjoys the outdoors up and down the West Coast with his wife and their Humane Society-rescued dog.
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Mobile communications are a modern staple. Throughout the pandemic, telecom stocks have displayed utility-like stability as hundreds of millions of consumers around the globe rely on their mobile phone provider for voice, text, and internet connectivity. They typically aren t the highest-growth businesses around, but telecom stocks are nevertheless a great component of any investor s portfolio.
Operator
Good morning, everyone. Welcome to Shenandoah telecommunications first-quarter 2021 earnings conference call. Today s conference is being recorded. At this time, I would like to turn the conference over to Mr.
Kirk Andrews, director of financial planning analysis for Shentel.
Kirk Andrews
Director of Financial Planning Analysis
Good morning and thank you for joining us. The purpose of today s call is to review Shentel s results for the first quarter of 2021. Our results were announced in a press release distributed last night and the presentation we ll be reviewing is included on the investor page at our website www.shentel.com. Please note that an audio replay of this call will be made available later today.