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Bloomberg Business of Sports cover image

A Pioneer for Athlete Entrepreneurs, A-Rod's Satellite Venture

Bloomberg Business of Sports

NOTE

Impact of satellite technology on developing countries and under-covered areas

Satellite technology has the potential to bring people online in developing countries and under-covered areas, thereby bringing the world closer. This technology is not limited to the US and Canada and can reach anywhere on Earth. The use of SPACs, or special purpose acquisition companies, by former athletes has seen various outcomes, with many SPACs facing redemptions as they near the end of their two-year cycle.

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