"Basically this allows you to have greater bandwidth and lower cost, " says American Technology Research analyst Albert Lin.

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It will all be possible because of sophisticated networks, powerful computing, low cost bandwidth terrestrial integration, and seamless switching.

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And increasingly, Hyper Giant strategies are coalescing around similar infrastructure investments as the giants compete on content, capacity (bandwidth, storage, compute), cost and performance.

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However, equipment to contact these satellites can cost thousands of dollars and none have ever been geosynchronous or high-bandwidth.

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Some even argue in favor of nationalizing existing infrastructure, in hopes that doing so will magically build out next generation networks with unlimited mobile bandwidth and fiber optic connections to 100% of the U.S. population, whatever the cost.

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