Vietnam says Musk’s SpaceX plans $15-billion Starlink investment

  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 34 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 86%

Tech Companies News

Internet Infrastructure,Vietnam,Technology

'The Vietnamese government is considering the (investment) proposal of SpaceX,' a report on the government portal quotes President To Lam as saying, asking the company to work closely on completing preparations for the investment

This is AI generated summarization, which may have errors. For context, always refer to the full article.

Months of talks on the offer of Starlink’s satellite internet connection and other communications services were put on hold at the end of 2023, sources familiar with the matter had told Reuters earlier this year, although they resumed later. The government did not clarify where SpaceX’s investment would be made, nor when details could be agreed.Vietnam’s foreign ministry did not respond to a request for comment.

At the time, Hughes, the company’s senior vice president for global business and government affairs, said SpaceX’s deployment of internet services in Vietnam aimed mainly to benefit education and disaster prevention efforts, state media reported.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines