A wireless satellite internet signal from Starlink Satellite Systems, an Elon Musk company, costs $99 a month in Mexico, that’s 1960 pesos at the Friday exchange rate.
That’s in addition to a $500 terminal purchase: 9,896 Mexican pesos, according to company information.
Elon Musk on Thursday acquired the rights to broadcast and receive wireless satellite Internet signals in Mexico for 10 years from the Federal Institute of Communications (IFT).
Starlink Satellite Systems Mexico, S. DE RL DE CV, through its legal representative, has submitted to IFT an application for a license to exploit the rights to broadcast and receive frequency band signals associated with foreign satellite systems that cover and may provide services in the national territory.
In light of this, the Communications Regulatory Authority explained to El Financiero that the permission granted to Starlink is only for the rights to broadcast and receive signals, so the company will require one concession to be able to provide communication services in the country.
Starlink is offering an initial beta service internationally and is seeking to expand its coverage in 2021. According to the company, its internet service is ideal for rural areas, as it provides high-speed broadband connectivity to sites where access was not completely reliable or unavailable. (With information from El Financiero)