In order to offer internet services through satellite in Pakistan, Elon Musk’s company Starlink Internet Services has formally registered with the Securities and Exchange Commission of Pakistan (SECP).
The registration of SpaceX’s Starlink was discussed during a meeting between the company’s director of global licencing and market activation, Ryan Goodnight, and Pakistan’s federal minister for information technology and telecommunication, Syed Aminul Haq, according to a statement released by the ministry of IT and telecommunication on Monday.
The purpose of the discussion was to examine how Pakistan could benefit from affordable broadband services by taking use of Starlink’s fastest and least expensive satellite internet services.
The minister expressed hope that Starlink’s services might greatly reduce telecom carriers’ operational expenses, even in distant places.
The minister said, “Starlink can play a key role in this regard,” adding, “Our main goal is to provide broadband services to every area of Pakistan at a reasonable price.”
Ryan Goodnight thanked the minister for his cooperation and expressed his admiration for Pakistan’s expansion in the IT and telecom sectors. The foundational work is done, and we are now ready to move swiftly, Ryan said.
Elon Musk’s privately owned space exploration company, SpaceX, is building the Starlink satellite internet network. Starlink aims to offer people anywhere on Earth high-speed, low-latency broadband internet connection.
Several tiny satellites in low Earth orbit form the constellation, which connects to user terminals on the ground to offer internet access. The satellites have a lifespan of about five years and are made to be relatively cheap and simple to produce. The project’s ultimate goal is to offer internet speeds of up to 1 gigabit per second and global coverage.