The launch of Amazon Leo in SA was a major strategic win for Johann Rupert and Remgro

[SauRoNZA]

"Rupert has a net worth of approximately R343.8 billion and made most of his money from his stake in luxury goods maker Richemont."

View attachment 1923839

So basically, over the years our tax money via the cadres added a decent portion to his net worth, at least locally.
Got it.

How on earth do you correlate our tax money coming into any of that?

 

[Nerfherder]

How on earth to you correlate our tax money coming into any of that?

I also mulled over this for a while before figuring out:

ANC cadres use tax money on expensive goods like Cartier etc... so Rupert makes money via selling to the gravy trainers.

 

[L-Dog]

Cost is not mentioned anywhere ?

 

[Stinkbeaver]

Arthur Goldstuck is still around? man has been around since the days of winamp

 

[A3@MBB]

Sorry but the two doesn't even begin to compare. This is just more proof of the collusion in SA allowing one or two companies to hog the market and not a real achievement.

One is BEE compliant and the other not.
Africa my bru, everyone needs to get a cut.

 

[SauRoNZA]

I also mulled over this for a while before figuring out:

ANC cadres use tax money on expensive goods like Cartier etc... so Rupert makes money via selling to the gravy trainers.

Right....

 

[wernervn]

It takes a bit of time to get them up there. In a short space of time they will be equivalent.

	Starlink	Amazon Leo	Eutelsat OneWeb
Satellites currently in orbit	10,700	396	654
Average satellites launched per day	4.11	0.39	0.32
Commercial launch date	October 2020	Planned for H1 2026	Mid-2023 Only available to businesses
Number of supported markets	160+	0	100+
Customer count	20 million+	0	Unknown
Pricing	Starting prices typically R500 to R900	TBC	$250+ (R4,060+)
Achieved speeds	45Mbps to 400Mbps+	TBC	150Mbps+
Targeted speeds	1Gbps	1Gbps	Unknown
Self-launch capability	Yes	No	No
Satellite fleet size target	2027: 12,000	2029: 3,236	Unconfirmed date: 1,094

Source
Amazon is nowhere by comparison

 

[purrr]

	Starlink	Amazon Leo	Eutelsat OneWeb
Satellites currently in orbit	10,700	396	654
Average satellites launched per day	4.11	0.39	0.32
Commercial launch date	October 2020	Planned for H1 2026	Mid-2023 Only available to businesses
Number of supported markets	160+	0	100+
Customer count	20 million+	0	Unknown
Pricing	Starting prices typically R500 to R900	TBC	$250+ (R4,060+)
Achieved speeds	45Mbps to 400Mbps+	TBC	150Mbps+
Targeted speeds	1Gbps	1Gbps	Unknown
Self-launch capability	Yes	No	No
Satellite fleet size target	2027: 12,000	2029: 3,236	Unconfirmed date: 1,094

Source
Amazon is nowhere by comparison

And you think they are done?

 

[wernervn]

And you think they are done?

No contest right now or even in the medium term

 

[purrr]

No contest right now or even in the medium term

Well, a bit moot since we can’t get Starlink here. I’d say in two years they’ll have enough sats to be quite useful. Starlink also started small.

 

[EmmanuelGoldstein]

 

[bwana]

Amazon is nowhere by comparison

They're in SA.