
Why Skills-First Leadership Is Replacing the Ivy League Playbook in the C-Suite
The old prestige pyramid—where Ivy League degrees and blue-chip consulting backgrounds paved the way to the CEO seat—is cracking.
October 27, 2021:- On Tuesday, the companies announced that Verizon is partnering with Amazon using the tech giant’s Project Kuiper satellite internet system to expand rural broadband access in the U.S.
“We’re proud that we work together to explore bringing fast, reliable broadband to the customers and communities who needs it the most,” Amazon CEO Andy Jassy said in a statement.
Amazon works Project Kuiper, a network of 3,236 satellites that it plans to provide high-speed internet worldwide. While Amazon had to launch its first Kuiper satellites, the Federal Communications Commission in the previous year authorized the system. The company said that it is planning to “invest over $10 billion” in Kuiper.
The companies’ partnership seeing Verizon use Amazon’s system as an extension of its terrestrial service, with Kuiper, which adds “cellular backhaul solutions to extend Verizon’s 4G/LTE and 5G data networks,” the companies said.
Amazon and Verizon’s teams have started working together “to define technical requirements to help extend fixed wireless coverage to rural and remote communities across the U.S.” The companies see many use cases for Kuiper’s extension of Verizon’s network, which notes that it will look at “joint connectivity solutions” for industries that include agriculture, energy, manufacturing, education, emergency response, transportation, and more.
In the previous year, Amazon gave an early look at the performance of the “low-cost” satellite antenna it worked on for Kuiper.
Jassy noted that “no single company will close the digital divide on its own,” as Kuiper is undoubtedly not alone in the increasingly competitive field of high-speed satellite internet.
SpaceX’s Starlink network is the leader in the market, with 1,740 satellites launched to date and more than 100,000 users in 14 countries participating in public beta, with service priced at $99 a month.
There are other satellite broadband systems in various development stages, including two U.S. systems – satellite-to-smartphone specialist AST SpaceMobile and Lockheed Martin’s partnership with startup Omnispace and Canadian satellite operator Telesat’s Lightspeed network.
While Amazon has yet to send Kuiper satellites to orbit, the company signed a deal with United Launch Alliance for nine launches earlier this year. The FCC’s authorization of Kuiper means Amazon is required to deploy half of its planned satellites in six years, so the company is on the clock to deliver about 1,600 in orbit by July 2026.
The old prestige pyramid—where Ivy League degrees and blue-chip consulting backgrounds paved the way to the CEO seat—is cracking.
Loud leaders once ruled the boardroom. Charisma was currency. Big talk drove big valuations.
But the CEOs who make history in downturns aren’t the ones with the deepest cuts
Companies invest millions in leadership development, yet many of their best executives leave within a few years. Why?
The most successful business leaders don’t just identify gaps in the market; they anticipate future needs before anyone else.
With technological advancements, shifting consumer expectations, and global interconnectedness, the role of business leaders
Zelenskiy–Trump summit boosts markets as equities rise and the dollar steadies amid growing peace hopes. Investors await Fed insights at Jackson Hole for further direction.
Statistics Canada is investigating an accidental early release of June manufacturing data, raising concerns over data governance and market integrity. The agency has launched an internal review to strengthen its publishing protocols.
Investor confidence in France is deteriorating as political gridlock and budgetary uncertainty deepen.
The Fort McMurray First Nation Group of Companies is the wholly owned business entity of Fort McMurray 468 First Nation. It was established in 1987 as Christina River Enterprises, and the organization rebranded as FMFN Group in 2021. Providing Construction, Custodial, Petro-Canada Fuel & Convenience Store, and Transportation services to a broad portfolio of customers, the Group of Companies is creating financial stability and prosperity for the Nation.
Leave us a message
Subscribe
Fill the form our team will contact you
Advertise with us
Fill the form our team will contact you