Satellite broadband's boom

While satellite pay-TV services are in a death spiral, modern satellite-powered broadband services are raising big investments and a lot of high expectations. Historically, satellite communications services have been seen as a last-resort option for people in remote areas or, in pay-TV's case, for consumers who wanted a lot of channels. But as more and more cord cutters are relying on all-purpose broadband connections and get the bulk of their small-screen entertainment via streaming options, satellite TV companies Dish and DirecTV are languishing. A new crop of satellites are being launched to beam down broadband services to wider swaths of populations on Earth.