If you bother to actually read up about SAS you will find that they are not providing internet services like Facebook, SpaceX, Ob3 and a whole raft of projects and companies. SAS are focusing on text, voice and light data packets as their primary service offering.
Anytime 'internet' is mentioned in the same sentence as satellite, they are referring to wideband communications - which require traditional expensive satellites. Also a lot of these "free internet" projects are nothing more than hand waving gestures by big companies, Elon's space X satellite project will take 5 years to develop and launch, Ob3s satellites require 12 full fledged satellites and not to mention the failure of Facebooks internet Balloon project which are impossible to control in orbit.
Traditional satellites will be fazed out imo and are not the cutting edge of communications, they cannot talk to eachother and they only communicate with a ground base. Nano-satellites however are at the forefront of providing true coverage and efficient services without the $500M outlay for a single satellite.
Demand of narrowband communication is outstripping supply and this will only become worse. SSG are going directly after this market consisting of over 4B people. It is no surprise Pan African Telecom have already signed a binding agreement to take every ounce of bandwidth of SSGs hands.
SAS Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held