New satellite technology may lead to faster internet

Cheaper rocket launches and better technology may make satellites a more viable option for delivering fast, affordable consumer broadband services around the world. A handful of companies from SpaceX to ViaSat are launching satellites that orbit closer to the earth, which is expected to reduce the lag time — or latency — because the signal will not have to travel as far. Lower-Earth constellations have the potential to compete more directly with cable or fiber networks on speed and price than the older satellite systems. But these companies will require a large number of subscribers — on the order of tens of millions — to recoup their costs.