It is absolutely not a "mostly-US problem". We have the same problem in Australia. A lot of places only option was crappy ADSL. Then new (centre-left) government announced a project (NBN) to install fibre-to-the-premises (FTTP) to the majority of the population. Massive, very expensive project, that was going to take a long time. Quite predictably, the centre-right party attacked it as costing too much money. Six years later, the centre-right win election, and thus far only a small number of lucky people had got their FTTP installed. New government decides FTTP was too expensive, replaces it with crappy fibre-to-the-node (FTTN) instead, which slows to a crawl whenever the node is oversubscribed (happens a lot due to the growing popularity of video streaming). And it tells other people that any fixed line solution was too expensive for them, and forces them on to wireless or satellite. Some people even got told they were losing their ADSL and having it replaced with a less reliable wireless or satellite connection.
... poor internet bandwidth or accessibility in remote region... is a "US only problem"??
I make it a point to not sound snarky or sarcastic on HN, we have a pretty good standard of discourse here - but that just seems a ludicrous statement to make, and I'm frankly curious what consideration went into it, as opposed to a knee-jerk reaction?
I don't think technology will solve all the world's ills; I agree that regulation of markets is a useful measure to undertake in certain situations; I don't find "Socialist" a swear word; but if ever there was a problem with a technical solution, then accessibility of internet in remote solution is almost the canonical use-case. Regulation of markets will not bring the Interwebs to remote or underdeveloped parts of the world.
Now... if we want to discuss whether bringing the Intertubes to all the world is a worthy goal or not; whether it is worth the compromises and risks a massive constellation of satellites will impose; sure, that's a productive tops to examine. But if we accept for sake of argument that internet in remote or underdeveloped parts of the world is a goal, I'm curious to see how market regulation will make that happen better and faster than a giant freakin' laser... I mean, giant freakin' constellation of satellites :).
Local market regulation is what is blocking any competition. The absurd believe people have that whenever something isn't working, markets will need more regulation is so absurd.
There are literally regulation that are preventing markets from even existing. But your solution is more regulation?