SUSTAINABLE BUSINESS MODELS IN SATELLITE TELECOMMUNICATIONS

Abstract

Sustainable business models in satellite telecommunications represent a critical paradigm shift in the industry, integrating environmental, social, and economic dimensions into operations. This review explores the evolving landscape of sustainable practices within satellite telecommunications, addressing the pressing need for eco-conscious strategies in an era of accelerating technological advancement. The burgeoning demand for satellite telecommunications services, driven by global connectivity needs, underscores the significance of sustainability in the industry. Traditional business models have often prioritized profit margins over environmental and social impacts. However, emerging trends emphasize the adoption of sustainable practices to mitigate carbon footprints, reduce electronic waste, and promote equitable access to communication services. Innovations in satellite technology, such as the development of small satellites and advancements in propulsion systems, offer opportunities to enhance sustainability. Miniaturization of satellites decreases launch mass, leading to reduced fuel consumption and lower emissions. Additionally, advancements in electric propulsion systems contribute to fuel efficiency and prolong satellite lifespan, thereby reducing space debris. Furthermore, sustainable business models in satellite telecommunications encompass social responsibility initiatives aimed at bridging the digital divide. Collaborative efforts between satellite operators, governments, and non-profit organizations facilitate the provision of affordable and accessible connectivity to underserved regions, fostering socio-economic development and empowering marginalized communities. The integration of sustainability into satellite telecommunications business models not only aligns with environmental and social imperatives but also presents economic benefits. Cost efficiencies realized through fuel savings, extended satellite lifespan, and market expansion in underserved regions enhance long-term profitability and resilience in a competitive industry landscape. The transition towards sustainable business models in satellite telecommunications represents a pivotal evolution towards a more responsible and inclusive industry, balancing profitability with environmental stewardship and social equity.
 Keywords: Business, Models, Satellite, Telecommunication, Sustainable, Review.