Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Wise triggers staff backlash after cutting paid paternity leave

      Wise said it expected to report a double-digit jump in income ahead of its capital markets day

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Government is set to deal major blow to Big Tech’s moves into sports rights

      Without the article title or content provided, Im unable to generate a specific alt text for the image. Please provide mor...

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Procter & Gamble axes relationship with Kremlin propaganda channel

      007 PG news article image featuring a business meeting with executives discussing strategy at a modern conference table

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Thursday 29 July 2021 3:46 pm  |  Updated:  Thursday 29 July 2021 3:47 pm

Inmarsat takes on Elon Musk and Oneweb with satellite network launch

By: James Warrington

Add as a preferred source on Google

British satellite giant Inmarsat is launching a new network of satellites to offer global broadband and 5G services, joining an escalating space race alongside rivals Elon Musk and Oneweb.

The project, dubbed Orchestra, will bring together the company’s existing geosynchronous satellites (Geo) with low-earth orbit satellites (Leo) and land-based 5G services to create a single network.

It is aimed at improving connectivity in areas such as ports, for aircraft and for vehicles and people in remote locations.

Inmarsat, which was snapped up by US hedge funds in a controversial $3.4bn deal in 2019, said it will fork out an initial $100m on the plans over the first five years.

“By combining the distinct qualities of GEO, LEO and 5G into a single network, we will deliver a service that is far greater than the sum of its parts,” said chief executive Rajeev Suri.

“Our customers will benefit from dramatically expanded high throughput services around the world. This is the future of connectivity and Inmarsat is perfectly positioned to bring it to the world with its proven technology expertise, right base of customers and partners, and financial strength.”

The project introduces a major new player into the escalating race to deploy satellites to help roll out internet services in the most remote locations around the world.

Elon Musk’s Space X is currently the frontrunner, followed by British rival Oneweb, which was bailed out by the government in a rescue deal last year.

The competition has prompted media regulator Ofcom to propose tougher rules on how to regulate the nascent industry, introducing new conditions on licences for providers.

Inmarsat said its constellation will be unique as it is the first to bring together different technologies into one network.

The company added that its network will offer the highest capacity and tackle the issue of congested ‘hot spots’.

Read more

Will the SpaceX IPO send retail investors into orbit?

Elon Musk speaking at a tech conference, wearing a suit, with a futuristic backdrop highlighting space exploration themes

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Tech

Related Topics

  • Elon Musk
  • Inmarsat

Trending Articles

  • Who could be Andy Burnham’s Chancellor? 

  • As it happened: FTSE 100 finishes higher as US-Iran talks progress and Starmer resigns; Space X shares fall after bond sale

  • FTSE 100 Live: Stocks slump after markets rocked by tech-sell off; US claims ‘good foundations’ of Iran deal

  • Coca-Cola brings in restructuring lineup over failed Costa sale

  • Starmer will resign, Trump says

More from CityAM

  • Will the SpaceX IPO send retail investors into orbit?

    Investing
    Elon Musk speaking at a tech conference, wearing a suit, with a futuristic backdrop highlighting space exploration themes
  • SpaceX is preparing for blast off, but will the mega IPO send investors into orbit?

    Markets
    SpaceX Falcon 9 rocket launching into a clear sky during May 2026 mission, showcasing advanced aerospace technology
  • SpaceX kicks off bond sale as it looks to begin mass borrowing spree

    Markets
    Elon Musk discussing SpaceX investment as Scottish Mortgages largest holding on a business news platform
  • SpaceX snaps up AI coding darling Cursor as valuation soars past Amazon

    Tech
    Elon Musk speaking at a tech conference, wearing a suit, with a futuristic backdrop highlighting space exploration themes
  • Airspan Networks Joins Oramach and iVent’s ARES Consortium for European Mission-Critical Communications

    Business Wire
  • Space X bumps back to earth as analysts slash value 

    Investing
    Elon Musk discussing SpaceX investment as Scottish Mortgages largest holding on a business news platform
  • Elon Musk becomes world’s first trillionaire after SpaceX mega float

    Wealth
    Elon Musk speaking at a tech conference, wearing a suit, with a futuristic backdrop highlighting space exploration themes
  • As it happened: FTSE 100 rises as easing Iran tensions offset GDP blow; SpaceX set for blast off

    Markets
    Elon Musk discussing SpaceX investment as Scottish Mortgages largest holding on a business news platform

CityAM Canada — business, markets and opinion for Canadian readers.

Sections

  • Business
  • Markets
  • Tech
  • AI
  • Economics
  • Opinion
  • Cities

Company

  • About
  • Contact

Legal

  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 CityAM Canada. All rights reserved.
Terms · Privacy · Cookies