Benzinga

España
Italia
대한민국
日本
Français
Benzinga Edge
Benzinga Research
Benzinga Pro

  • Get Benzinga Pro
  • Data & APIs
  • Events
  • Premarket
  • Advertise
Contribute
España
Italia
대한민국
日本
Français

Benzinga

  • Premium Services
  • Financial News
    Latest
    Earnings
    Guidance
    Dividends
    M&A
    Buybacks
    Interviews
    Management
    Offerings
    IPOs
    Insider Trades
    Biotech/FDA
    Politics
    Healthcare
    Small-Cap
  • Markets
    Pre-Market
    After Hours
    Movers
    ETFs
    Options
    Cryptocurrency
    Commodities
    Bonds
    Futures
    Mining
    Real Estate
    Volatility
  • Ratings
    Analyst Color
    Downgrades
    Upgrades
    Initiations
    Price Target
  • Investing Ideas
    Trade Ideas
    Long Ideas
    Short Ideas
    Technicals
    Analyst Ratings
    Analyst Color
    Latest Rumors
    Whisper Index
    Stock of the Day
    Best Stocks & ETFs
    Best Penny Stocks
    Best S&P 500 ETFs
    Best Swing Trade Stocks
    Best Blue Chip Stocks
    Best High-Volume Penny Stocks
    Best Small Cap ETFs
    Best Stocks to Day Trade
    Best REITs
  • Money
    Investing
    Cryptocurrency
    Mortgage
    Insurance
    Yield
    Personal Finance
    Forex
    Startup Investing
    Real Estate Investing
    Prop Trading
    Credit Cards
    Stock Brokers
Research
My Stocks
Tools
Free Benzinga Pro Trial
Calendars
Analyst Ratings Calendar
Conference Call Calendar
Dividend Calendar
Earnings Calendar
Economic Calendar
FDA Calendar
Guidance Calendar
IPO Calendar
M&A Calendar
Unusual Options Activity Calendar
SPAC Calendar
Stock Split Calendar
Trade Ideas
Free Stock Reports
Insider Trades
Trade Idea Feed
Analyst Ratings
Unusual Options Activity
Heatmaps
Free Newsletter
Government Trades
Perfect Stock Portfolio
Easy Income Portfolio
Short Interest
Most Shorted
Largest Increase
Largest Decrease
Calculators
Margin Calculator
Forex Profit Calculator
100x Options Profit Calculator
Screeners
Stock Screener
Top Momentum Stocks
Top Quality Stocks
Top Value Stocks
Top Growth Stocks
Compare Best Stocks
Best Momentum Stocks
Best Quality Stocks
Best Value Stocks
Best Growth Stocks
Connect With Us
facebookinstagramlinkedintwitteryoutubeblueskymastodon
About Benzinga
  • About Us
  • Careers
  • Advertise
  • Contact Us
Market Resources
  • Advanced Stock Screener Tools
  • Options Trading Chain Analysis
  • Comprehensive Earnings Calendar
  • Dividend Investor Calendar and Alerts
  • Economic Calendar and Market Events
  • IPO Calendar and New Listings
  • Market Outlook and Analysis
  • Wall Street Analyst Ratings and Targets
Trading Tools & Education
  • Benzinga Pro Trading Platform
  • Options Trading Strategies and News
  • Stock Market Trading Ideas and Analysis
  • Technical Analysis Charts and Indicators
  • Fundamental Analysis and Valuation
  • Day Trading Guides and Strategies
  • Live Investor Events
  • Pre-market Stock Analysis and News
  • Cryptocurrency Market Analysis and News
Ring the Bell

A newsletter built for market enthusiasts by market enthusiasts. Top stories, top movers, and trade ideas delivered to your inbox every weekday before and after the market closes.

  • Terms & Conditions
  • Do Not Sell My Personal Data/Privacy Policy
  • Disclaimer
  • Service Status
  • Sitemap
© 2026 Benzinga | All Rights Reserved
May 27, 2024 1:32 AM 1 min read

Elon Musk's Starlink Gets Nod To Roll Out In 100th Country — An African Nation With Only 35% Internet Penetration

by Benzinga Neuro Benzinga Staff Writer
Follow

Zimbabwe’s telecom regulator has reportedly permitted Elon Musk‘s Starlink to operate in the country.

What Happened: The approval is expected to facilitate the rollout of high-speed, low-cost, low-Earth-orbit (LEO) internet infrastructure across Zimbabwe, especially in rural areas, President Emmerson Mnangagwa stated, according to Reuters.

Starlink will reportedly collaborate with its exclusive local partner, IMC Communications, to provide the services. 

See Also: Best Telecommunication Stocks Right Now

Status Quo: A 2021 World Bank report highlighted that only 34.8% of Zimbabwe’s population had internet access, with services currently dominated by three major mobile network operators. 

The approval also comes amid a government crackdown on unregistered users smuggling Starlink kits from neighboring countries like Zambia.

Starlink is already available in several African countries, including Nigeria, Mozambique, Zambia, Kenya, and Malawi. 

Last month, Cameroon ordered the seizure of Starlink equipment at its ports due to the provider’s lack of a license, as per Reuters.

Why It Matters: The approval of Starlink in Zimbabwe is a significant development as Starlink rapidly expands across the globe, with parent SpaceX relentlessly launching the satellites with an ambitious goal in mind.  

Earlier this month, it was reported that Starlink is projected to generate $6.6 billion in revenue this year as users flock to its satellite internet service.

Just days ago, Starlink reached a milestone of 3 million users across 99 countries. This rapid growth highlights the increasing reliance on satellite internet, especially in regions with limited terrestrial infrastructure.

Read Next: ‘Barbie’ And ‘Oppenheimer’ Would’ve Hit ‘Just As Big’ On Netflix, Says Ted Sarandos But Social Media Users Call Him ‘Delusional’

This story was generated using Benzinga Neuro and edited by Ramakrishnan M

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To add Benzinga News as your preferred source on Google, click here.


Posted In:
NewsSPACETop StoriesTechMediaElon MuskSpaceXStarLinkStories That Matter
Beat the Market With Our Free Pre-Market Newsletter
Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter
Comments
Loading...