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Huge news as China creates a "SatNet" (中国星网) company directly under SASAC (i.e. at the same level as the big 3 telcos, CASC, and CASIC), with the purpose of operating a LEO constellation. A lot to break down here (1/4) http://www.sasac.gov.cn/n2588030/n2588924/c18286531/content.html …pic.twitter.com/6kANcVezoJ
SatNet being directly under SASAC is huge. Why? It should, in theory, give the megaconstellation greater autonomy over sourcing. If the project was being done as a subsidiary of CASC, it's not hard to guess who would have built most of the satellites, rockets, etc. (2/4)
It also puts SatNet/China's LEO broadband constellation at the same level, again in theory, as the big 3 telcos, effectively making the space domain a 4th telco, to some extent. (3/4)
Finally, the company is based in Xiong'an New Area near Beijing, where the government is building a new city to move many "non-core" Central government functions.
More info on SatNet on this week's @DongFangHour , more info on Xiong'an below 
(4/4)https://en.wikipedia.org/wiki/Xiong%27an
Interesting. The Chinese have demonstrated a core competency of recognizing good ideas, rapid replication, and then impressive innovation. I don't doubt this happening with respect to Starlink and Starship.
Isn't this Guowang? https://www.circleid.com/posts/20210329-guowang-starlink-will-be-chinas-global-broadband-provider/ … Is the change the fact that it will be under SASAC?
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