It also raises the baseline across the board by injecting a new competitor to every ISP and wireless service in the world
This is really great for more rural areas and over the ocean.
Yes, there is a baseline. But that's like saying dail-up is a baseline. Everyone might have it but it doesn't give people access to the modern web.
Geo, can be great in some services but it's again not a blanket. They have broad beams but they're moving to spot beams instead and those beams don't move.
This constellation is really going to be the same bandwidth capacity across the globe within a given altitude band. Which is awesome.