/sci/ - Science & Math

>>15980309
This does mean that cruise liners can get one of these gateways to directly mount on the top of their ships rather than having an array of individual satellite dishes somewhere on the vessel for connecting with the antenna.They already have those round mounts, which I think are satellite internet gateways. So just swap 1-2 or all four out and each ship gets 4Gbps bandwidth for a nice $4.5M, paying $300k/mo in traffic to then allow their 6.5-7k customer capacity to subscribe to, paying relatively low fees for high speed access and then using law of large numbers to make up for that difference.

https://www.cruisecritic.com/articles/cruise-line-wi-fi-and-internet-packages

The prices vary, but average appears to be around $20/day per customer for high speed wifi. 6.5k customers x 20 = $130k x 4 days for the entire cruise = $520,000 in revenue. 42.3% gross margin or $220k in profit on ISP sales PER ship PER cruise.

30 days in a month average, divided by 4 = 7 (7.5 actual) revenue opportunities or $1.54M in profit per month from 1 ship.

https://www.royalcaribbean.com/faq/questions/how-many-ships-are-in-royal-caribbeans-fleet

Royal Caribbean has 28 ships. So that's multiplying that out, that's $43.12M in profit per month across their fleet and $517.44M in profit per year across their fleet.

https://www.royalcaribbeanblog.com/2024/01/01/how-much-does-cruise-ship-cost-operate-day#:~:text=My%20estimates%20show%20that%20the,Caribbean%20is%20around%20%24208%20million.

Annual operating cost of a Royal Caribbean cruise ship is $208M. So the profit margin of onboarding Starlink gateways across all ships, would pay for essentially the free operation of 8.8% of their fleet or 2.48 ships.