SpaceX's Starlink Seen Possibly Driving Down Some Broadband Prices

SpaceX's Starlink broadband satellite constellation, if a viable alternative to traditional providers, should drive down pricing, BroadbandNow reported Wednesday. Broadband pricing is typically 15% lower for people living in an area with at least three providers vs. those with one, and 40% less in cities with high competition. Introduction of a new broadband competitor drives the average lowest price down in a ZIP code by close to $2.41 monthly, and that might be higher for Starlink's effect. Competition also results in offers of higher speeds.