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Satellite service to reach $27 billion, says Pioneer research outfit

Published on .

Boston--If broadband satellite services improve pricing by tying price directly to performance guarantees, the industry will soar from $1.06 billion in revenue in 2001 to $26.96 billion by 2008, according to a study released Wednesday by Pioneer Consulting L.L.C. A global market for broadband satellite services will emerge among C-level sales and marketing executives who want to use global bandwidth to conduct meetings, campaigns and presentations, it said. Providers of broadband satellite services must guarantee that a customer won’t experience transmission difficulties during a scheduled meeting. Also, customers must be compensated if the experience is lacking, Pioneer said.
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