Want one more option for home internet? Today it was announced that Amazon is planning to launch 3,236 satellites to build a network to provide global high-speed internet. Unlike current satellite internet, these devices will be in a far lower orbit and offer far faster speeds compared to current satellite systems use.

“Project Kuiper is a new initiative to launch a constellation of low Earth orbit satellites that will provide low-latency, high-speed broadband connectivity to unserved and underserved communities around the world,” an Amazon spokesperson told CNBC.

This idea is not new as SpaceX has already launched a few low orbit test satellites to offer home internet that have reportedly been very successful. Reports say SpaceX plans to launch 4,425 satellites as part its low orbit internet services. Softbank-backed OneWeb has also already launched six satellites with the goal of launching 650 more to offer internet service from space.

This is good news for cord cutters as it brings one more option for home internet. Combined with 5G, fiber, and fixed wireless internet soon your home internet options will no longer be limited to DSL or cable.

This is great news for rural American and developing countries as it could mean fast high-speed internet even if you live far from a city.

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