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15 handpicked stocks

Starlink's South African Ground Game

Starlink is investing $113 million to expand satellite internet across South Africa. These carefully selected companies are positioned to benefit directly from this massive infrastructure project, providing essential services from telecommunications to construction.

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Han Tan | Market Analyst

Updated 1 day ago | Published at July 1

Top Picks from This Group

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IHS

IHS HOLDING LTD

IHS

Current price

$6.86

IHS operates thousands of communication towers in South Africa, offering ideal locations for Starlink to co-locate its ground station equipment.

SSL

Sasol Ltd.

SSL

Current price

$5.76

Sasol, a major industrial player, could supply energy solutions, fuel for construction logistics, and other essential services for the large-scale bui...

Sasol, a major industrial player, could supply energy solutions, fuel for construction logistics, and other essential services for the large-scale build-out.

About This Group of Stocks

1

Our Expert Thinking

This collection focuses on local South African companies that will likely participate in Starlink's major satellite internet expansion. These companies span telecommunications, construction, energy, and logistics—all critical sectors needed to build the ground infrastructure supporting Starlink's network.

2

What You Need to Know

This is an event-driven opportunity tied to a specific $113 million investment announcement. The companies in this group are positioned across the entire infrastructure value chain and could see increased revenue as the project progresses through its deployment phases.

3

Why These Stocks

These companies weren't chosen randomly—each one provides essential services Starlink will need for its South African expansion. From fiber backhaul and tower access to construction expertise and logistics support, these businesses represent the local partners critical to connecting millions of underserved users.

12 Month Growth Potential

Use the growth calculator to see how much investing in these assets could return over one year.

If you invested across these assets:

in 12 months it could be worth:

$1,000.00

+114.47%

Group Performance Snapshot

114.47%

Average 12 Month Profit

On average, analysts expect assets in this group to grow 114.47% over the next year.

1 of 2

Stocks Rated Buy by Analysts

1 of 2 assets in this group are rated Buy by professional analysts.

13.5% vs 4%

Group Growth vs Bank interest

This group averaged a 13.5% return last month, beating the typical 4% bank rate.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Why You'll Want to Watch These Stocks

🛰️

The $113 Million Catalyst

Starlink's massive investment creates an immediate need for local partners. These companies are first in line to secure contracts for this nationwide build-out.

🌍

Connecting Millions

This project aims to bring internet to underserved areas across South Africa. The companies making this possible could see sustained growth throughout the multi-year rollout.

🏗️

Ground-Floor Opportunity

Before satellite internet reaches consumers, the ground infrastructure must be built. These South African firms provide the essential foundation Starlink can't operate without.

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