📊 Conatel signed, and Starlink is no longer operating clandestinely
The National Telecommunications Commission granted seven general concessions to the commercial company SpaceX VZ S.C.A., allowing Starlink to operate officially in Venezuelan territory. The decision did not come out of nowhere: it was preceded by the technical cooperation the company provided during the double earthquake on June 24, 2026, when terrestrial telephone and internet infrastructure in La Guaira was seriously damaged.
Conatel also issued Temporary Permits for Testing New Technology Equipment. These permits enabled the successful testing of Direct to Device (D2D) technology, which allows text messages to be sent between the country’s three mobile operators using the satellite network. They also allowed operation in the Ku band with relaxed Equivalent Power Flux Density (EPFD) limits to meet connectivity demand in the emergency zone.
Along the way, in-person and remote working sessions were held to help the multinational understand Venezuela’s legal framework, followed by the formal application. During the emergency, the company distributed more than 1,600 connectivity kits to rescue teams, medical personnel, and humanitarian organizations, according to the U.S. Embassy in Caracas.
📈 More than antennas: this is backup infrastructure
Viewed from a trader’s desk, the announcement may seem distant. It isn’t. Venezuela has a long history of power outages, fiber failures, overloaded network nodes, and areas where 4G simply drops out in the middle of the afternoon. For anyone moving bolivars and USDT every day, each internet outage means a lost transaction, a rate that changed before they could react, or a trade left unsettled.
Satellite connectivity doesn’t replace fiber or mobile networks. It works as a backup layer: when terrestrial networks go down, satellite connectivity holds up. That’s exactly what Venezuela’s P2P market needs, because its weakest point has never been liquidity, but continuity.
🔎 D2D and SMS: the detail almost no one is paying attention to
The permit to test Direct to Device is more significant than it sounds. If a regular phone can send and receive SMS via satellite, then two-factor authentication no longer depends on the nearest cell tower. Today, many exchange and wallet users in Venezuela live in fear of not receiving a verification code because the signal dropped just as they were confirming a withdrawal.
That bottleneck—the OTP that never arrives—is one of the most common complaints in local support groups. A satellite network with direct messaging capabilities eases that problem, at least in areas where the technology is enabled.
💰 Where the impact will be felt first
It won’t be in Chacao or Las Mercedes, where fiber-optic service is still holding up. The real impact will be seen in states with intermittent internet, border towns, remote oil-producing areas, and villages where the only connection point is the nearest town, two hours away.
And that’s where P2P gets interesting. Historically, USDT traders operating in remote areas work with different margins: they take on logistical risks that traders in Caracas don’t face. If connectivity stabilizes, those margins will shrink, competition will increase, and the P2P rate will tend to align more closely with the official and parallel-market rates.
More counterparties mean less price manipulation by a few local players. It’s the quiet effect no one puts in the headlines, but you can feel it in the spread.
📖 Read the full article: https://pitbullchain.com/noticias/starlink-ya-opera-legal-en-venezuela-lectura-p2p-de-la-jugada-423004
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