SpaceX's Starlink segment, which offers new ways for consumers to connect to the internet, landed one of its biggest partnerships to date.
What Happened: Comcast Business, a subsidiary of Comcast Corporation (NASDAQ:CMCSA), agreed to offer connectivity solutions to its enterprise customers by providing access to the Low Earth Orbit satellites from Starlink.
The announcement highlights enterprises that face scalability concerns and reliability issues as key potential customers.
"As the first major network provider to collaborate with Starlink, we're excited to uniquely enhance our extensive managed connectivity portfolio with advanced satellite capabilities to better serve our enterprise customers," Comcast Business Sr. Vice President, Product Strategy and Operations Jon Friedman said.
Friedman said the Starlink satellites will complement the company's existing network and extend Comcast's reach.
For Starlink, the partnership could mark ...