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3 Connectivity Trends That Will Reshape European Entrepreneurship in the Next Decade
3 Connectivity Trends That Will Reshape European Entrepreneurship in the Next Decade

Entrepreneur

time3 days ago

  • Business
  • Entrepreneur

3 Connectivity Trends That Will Reshape European Entrepreneurship in the Next Decade

Each new technology promises to break down long-standing barriers to growth and scalability. Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur Europe, an international franchise of Entrepreneur Media. Global connectivity is more than just a buzzword, it is a tangible force that is driving business and entrepreneurship worldwide. Vast resources are being poured into improving the backbone of the digital economy and making global entrepreneurship more seamless. Three powerful technologies promise to reshape the digital landscape: global internet access through Low Earth Orbit (LEO) satellite constellations, ultra-high speed All-Photonics networks, and integrated economies through the EU Digital Identity Wallet. Each new technology promises to break down long-standing barriers to growth, scalability and entrepreneurship. Let's take a look and find out how each will help reshape European entrepreneurship. 1. LEO satellites: Bridging the digital divide For the past decade, public and private companies across the globe have competed in what has been dubbed the new space race – seeking to deploy low-earth orbit (LEO) internet satellite constellations. While SpaceX's Starlink is undeniably the most famous – and largest – provider, it faces competition from other companies like Amazon's Project Kuiper. European firms are also key players in the space race, with France-based Eutelsat OneWeb operating the second largest LEO satellite constellation. These non-terrestrial internet providers seek to redress key issues in conventional fiber optic networks, reducing latency and increasing connection speeds, especially in remote areas. For entrepreneurs, massive amounts of investment in the new space economy creates vast opportunities for new startups. From new demand for space-specific hardware to environment-oriented solutions to atmospheric debris, the booming satellite economy is forging a new market for European entrepreneurs. The presence of such a large satellite operator in Europe has already borne fruit for continental industry, with Airbus working to build new satellites for Eutelsat OneWeb's constellation. The global success of satellite internet will also create new markets for online startups. As of February this year, roughly one third of the world's population lacks internet access. Satellite providers' drive to bridge the digital divide will open up new opportunities for entrepreneurs worldwide. 2. All-Photonics Networks: Business at the speed of light Another exciting trend in the connectivity space is the development of new, All-Photonics Networks (APNs). This new technology seeks to replace traditional fiber-optic networks that still incorporate electronics and copper wiring. APNs use light-based components, or photonics, from end-to-end. In doing so, they reduce data transmission speeds and latency to a fraction of those seen in current conventional networks. The technology recently shifted from vision to reality, with Japanese telecommunications giant NTT successfully demonstrating its first international APN connecting Osaka and Taipei. NTT's Innovative Optical and Wireless Network, or IOWN, is the product of close collaboration and consultation with over 150 global tech companies like Google, Nvidia, Microsoft, Intel and Sony. The IOWN Global Forum recently hosted its FUTURES conference in Stockholm in April and Finnish mobile giant Nokia is also a close collaborator in Europe on the photonics expansion. Once fully developed, the technology will have the power to lower end-to-end latency by 200 times, reduce network power consumption by 100 times and increase data transmission capacity by 125 times, according to NTT. The new network, which NTT hopes will be rolled out by 2032, could transform the tech industry and create a host of new opportunities for entrepreneurs worldwide. IOWN's ultra-low latency capabilities could create new product categories for entrepreneurs. These include health tech applications like remote surgery, where a surgeon can carry out an operation from the other side of the globe. An APN could also revolutionize the capabilities of robotics and autonomous vehicles. Entrepreneurs in the augmented and virtual reality (AR and VR) spaces also stand to benefit greatly from IOWN. A reduction in latency could resolve the all too common problems caused by laggy visuals, which hinder user experience. Headsets and glasses could be streamlined too, with processing power offset to the network and less need for bulky onboard components. IOWN may be the tech that AR and VR need to transform them from a novelty to a household reality. 3. EU Digital Identity Wallet: Seamless cross-border business While changes in internet connectivity will create new opportunities for entrepreneurs in Europe, an exciting change in human connectivity is also in the pipeline. In the coming years, the European Union plans to roll out its Digital Identity Wallet. Conceived as an all-stop-shop for payment, identification, and online verification, the plans would be a milestone in cross-border digital connectivity. Each country will have its own version of the wallet, but these will be interoperable throughout the EU. Use cases include verifying online payments, carrying a mobile driving license, accessing digital government services and even receiving prescriptions and health information. Beyond increased convenience for users, the Digital Wallet can also create new opportunities and benefits for entrepreneurs and SMEs. By providing in-built authentication throughout the EU, companies will avoid headaches associated with verification processes. Businesses will no longer have to rely on expensive third-party services for payment and ID verification. This has the added benefit of protecting user data from being accessed by third parties. For small- and medium-size businesses (SMEs), the wallet could be a game changer. Not only can it reduce customer onboarding costs through in-built verification, it will also empower firms to expand their operations instantly across the EU. The wallet also has the potential to greatly reduce compliance risk, with cybersecurity and data protection already incorporated into it. For SMEs and startups, this means significantly less legal exposure and overheads related to GDPR compliance. In all, the Digital Wallet can dramatically reduce barriers to entry in terms of costs and compliance for entrepreneurs in the EU, especially in the tech service space.

Stay tuned! India may soon get satcom services by year-end; Starlink, Jio-SES, Eutelsat secures final nod
Stay tuned! India may soon get satcom services by year-end; Starlink, Jio-SES, Eutelsat secures final nod

Time of India

time7 days ago

  • Business
  • Time of India

Stay tuned! India may soon get satcom services by year-end; Starlink, Jio-SES, Eutelsat secures final nod

NEW DELHI: India may see the first commercial rollout of satellite communication services by December, as Starlink, Reliance Jio-SES, and Bharti-backed Eutelsat OneWeb have received all necessary approvals to begin operations. Industry executives say that while infrastructure has long been in place, spectrum allotment delays have prevented these players from launching earlier, costing India both revenue and its potential to become a regional satcom hub. Earlier on Wednesday, Starlink became the third company to receive a commercial go-ahead from space regulator IN-SPACe, after Eutelsat OneWeb and Jio-SES. "Trai had given its recommendation in May. DoT (Department of Telecommunications) typically takes 2 to 3 months on the outer side to come back with its recommendations and present it to the DCC (Digital Communications Commission)," an official from a satellite communications organisation that possesses all necessary authorisations told ET. "Once the DCC approves them, it needs to be vetted by the Cabinet. Then the DoT needs to come out with its rules for allotment. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas For Sale in Dubai Might Surprise You Dubai villas | search ads Get Deals Undo Optimistically, the government is likely to be in a position to give spectrum by October," the official added. Two industry executives said that once the spectrum is allotted, it would take about a month to roll out commercial services. "So basically, a month from then, services can be launched. We are looking at a November end-December timeline (for launch of commercial services) at an optimistic level," ET noted quoting officials. The three companies have now secured all necessary approvals to provide space services, with Starlink recently obtaining its GMPCS licence. Meanwhile, Amazon Kuiper and Globalstar (Apple's satcom partner) continue to await regulatory clearances from Indian authorities. India's space economy shows significant promise, with projections from IN-SPACe indicating potential growth to $44 billion by 2033, representing approximately 8% of global market share. The annual satellite communication revenue opportunity stands at $1 billion. The Department of Telecommunications will establish pricing and regulations for satellite spectrum allocation through administrative means, following Trai's recommendations. This decision came after intense disagreements between telecommunications companies advocating spectrum auctions and satellite companies preferring administrative allocation. "We don't believe any of the players will have any head start in launching commercial services, Since Airtel and Jio are also partners of Starlink, we expect all three (Starlink, Eutelsat OneWeb and Jio-SES) to start at the same time, because that makes sense from a technical, commercial and a compliance standpoint," Rohan Dhamija, partner & head of India & Middle East at Analysys Mason told ET. Both Jio and Bharti Airtel, with the latter's parent company holding significant stake in Eutelsat OneWeb, maintain marketing arrangements with Starlink. Eutelsat OneWeb and Jio-SES were earlier granted trial spectrum by the DoT to test their services and demonstrate them to security agencies. Starlink is also expected to receive trial spectrum soon to validate its security compliance. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now

Stay tuned, satcom services may come to you by year-end
Stay tuned, satcom services may come to you by year-end

Time of India

time10-07-2025

  • Business
  • Time of India

Stay tuned, satcom services may come to you by year-end

Mumbai | New Delhi: Satellite communication services could be commercially launched in India by December, according to industry executives, with three major players - Bharti-backed Eutelsat OneWeb , Reliance Jio-SES and Elon Musk-owned Starlink - having secured the necessary permits and clearances and the government working on finalising terms of allocating spectrum. "Trai (Telecom Regulatory Authority of India) had given its recommendation in May. The DoT (Department of Telecommunications) typically takes two to three months on the outer side to come back with its recommendations and present it to the DCC (Digital Communications Commission)," a senior executive at one of the satcom companies, which has secured all the permits, said on condition of anonymity. "Once the DCC gives its approval, it needs to be vetted by the cabinet. Then the DoT needs to come out with its rules for allotment. Optimistically, the government is likely to be in a position to give spectrum by October." After spectrum allotment, it would take around a month to start commercial services, according to two executives. "We are looking at a November-end or December timeline (for launch of commercial services) at an optimistic level," said the first executive. Eutelsat OneWeb, Jio-SES and Starlink didn't respond to ET's queries. On Wednesday, US-based Starlink became the third satcom operator after Bharti-backed Eutelsat OneWeb and Reliance Jio-SES JV to get a clearance from the space regulator, Indian National Space Promotion and Authorization Centre (IN-SPACe), to start commercial satcom services in the country. Starlink received its Global Mobile Personal Communication by Satellite (GMPCS) permit last month. Two other global satcom services firms - Jeff Bezos-owned Amazon Kuiper and Apple's satcom partner Globalstar - are awaiting approvals from the Indian authorities. India's space economy has a potential to hit $44 billion by 2033 and account for about 8% of the global share, as per IN-SPACe. The country's annual satcom business revenue opportunity is pegged at $1 billion. The DoT is expected to finalise pricing and rules for allocating satellite spectrum administratively, having receiving recommendations from Trai after a bitter fight between telcos, which wanted the satcom spectrum to be auctioned, and satcom companies such as Starlink and Amazon Kuiper, which wanted the airwaves to be allotted administratively. The government and Trai have since decided on administrative allocation. "We don't believe any of the players will have a head start in launching commercial services. Since Airtel and Jio are also partners of Starlink, we expect all three (Starlink, Eutelsat OneWeb and Jio-SES) to start at the same time because that makes sense from a technical, commercial and a compliance standpoint," said Rohan Dhamija, partner and head of India & Middle East at Analysys Mason. Jio and Bharti Airtel, part of the Bharti Group, which is a large shareholder in Eutelsat OneWeb, have marketing tie-ups with Starlink. Conceding that Jio-SES and Eutelsat OneWeb have lost out on the chance for a head start in offering satcom in India, a senior executive at one of the two firms said India also lost out in the process.

Starlink India Launch Big Update: Elon Musk's internet network gets approval to begin operation, services to begin from..., expiry date on...
Starlink India Launch Big Update: Elon Musk's internet network gets approval to begin operation, services to begin from..., expiry date on...

India.com

time10-07-2025

  • Business
  • India.com

Starlink India Launch Big Update: Elon Musk's internet network gets approval to begin operation, services to begin from..., expiry date on...

Starlink India Launch BIG Update New Delhi: In a major development, Starlink has received final regulatory approval to launch its commercial broadband services in India. The Indian National Space Promotion and Authorization Centre (IN-SPACe) has given an important approval to Elon Musk's satellite internet service. Starlink has now become the third satcom operator after Bharti-backed Eutelsat OneWeb and the Reliance Jio-SES joint venture, to receive all the necessary clearances for operating in the Indian market. Starlink's Gen 1 low-Earth orbit (LEO) satellite constellation, which comprises 4,408 satellites capable of delivering 600 Gbps throughput across India. It is important to note that last month, Starlink obtained its Global Mobile Personal Communication by Satellite (GMPCS) permit. Starlink's India approval comes with an expiry date Starlink has cleared all the regulatory roadblocks. However, the company will have to wait for the full-scale commercial launch of its service. Notably, Elon Musk's internet service will have to procure trial spectrum and meet security compliances set by the Department of Telecommunications (DoT) before being allowed to start its services commercially. Eutelsat OneWeb and the Jio-SES JV received their trial spectrums last year and they also received an extension of six months. Now both the operators are waiting for their final security compliance approval. DoT is also expected to soon finalize pricing and allocation rules for satellite spectrum, as per the TRAI's recommendations. TRAI has proposed an administrative allocation model with a 4 percent fee on adjusted gross revenue (AGR) for five years. Urban users may face an additional Rs 500 per subscriber annually, while rural users are exempt. What is Starlink's current exchange rate? Starlink is priced at Rs 3,430–4,280 (12,000–15,000 LKR) per month for residential connections, and Rs 4,280–8,560 (15,000–30,100 LKR) for portable 'roam' plans. The one time hardware equipment is priced at Rs 17,185–33,685 (60,200–1,18,000 LKR). The prices are roughly comparable to those announced for the other two South Asian countries.

Elon Musk's Starlink gets approval to start operations in India, but with a 'expiry date' for now
Elon Musk's Starlink gets approval to start operations in India, but with a 'expiry date' for now

Time of India

time10-07-2025

  • Business
  • Time of India

Elon Musk's Starlink gets approval to start operations in India, but with a 'expiry date' for now

Elon Musk 's satellite internet service Starlink has cleared its final regulatory hurdle for launching commercial broadband in India. Starlink has now received the important approval from the Indian National Space Promotion and Authorization Centre (IN-SPACe). After this final approval, Starlink becomes the third satcom operator after Bharti-backed Eutelsat OneWeb and the Reliance Jio-SES joint venture, to receive all the necessary clearances for operating in the Indian market. Starlink's Starlink's Gen 1 low-Earth orbit (LEO) satellite constellation, which comprises 4,408 satellites capable of delivering 600 Gbps throughput across India. Last month, Starlink obtained its Global Mobile Personal Communication by Satellite (GMPCS) permit. Starlink's India approval comes with an expiry date The satellite internet service owned by Elon Musk's SpaceX, has cleared all the regulatory hurdles, but till the company will have to wait for the full-scale commercial launch of its service. Like the other competitors, Starlink will also have to mandatorily procure trial spectrum and meet security compliances set by the Department of Telecommunications (DoT) before being allowed to start its services commercially. Eutelsat OneWeb and the Jio-SES JV received their trial spectrums last year and they also received an extension of six months. Now both the operators are waiting for their final security compliance approval. DoT is also expected to issue trial spectrum to Starlink. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like An engineer reveals: One simple trick to get internet without a subscription Techno Mag Learn More Undo On the basis of TRAI's recommendations, DoT is also expected to soon finalize pricing and allocation rules for satellite spectrum. TRAI has proposed an administrative allocation model with a 4% fee on adjusted gross revenue (AGR) for five years. Urban users may face an additional ₹500 per subscriber annually, while rural users are exempt. Starlink in India may face hurdles However, a widespread adoption for Starlink in India may face hurdles, particularly concerning hardware costs. Globally, Starlink's hardware kits range from $250 (approx. Rs 21,300) to $380 (approx. Rs 32,400). This represents a significant upfront investment compared to existing Indian home broadband offerings, which typically feature much lower hardware costs, provide speeds up to 1 Gbps, and often bundle Over-The-Top (OTT) app subscriptions. AI Masterclass for Students. Upskill Young Ones Today!– Join Now

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