Feb. 3 at 5:34 PM
$GSAT trying to get my head around this a bit, Softbank is not partnered with any musk entities to my knowledge, but SB does have substantial capital. Softbank was partnered with EUTLF in Europe I believe in some cases with more capital in it than some of the sovereigns.
Europe wants to have an alternative to starlink.EUTLF provides that but they're going to need a lot of time and capital. SB had said that they needed the capital to be used elsewhere right now. Which makes sense as there's a lot of opportunities for them and the Europe project is going to take a while. I believe they still retained a small position in it. But France UK India and others have been stepping into provide capital.
So my read is GSAT fits nicely into this, via this softbank digital bridge connection with boingo.
And of course all of the commercial business use, Walmart?
Softbank bought the entire digital Bridge portfolio I think for
$4 billion which is not a lot to them. Other gems besides boingo?