>>14363290In the first world, in urban areas, for that price, sure.
In rural areas, in areas with damaged or no infrastructure, on sea, in air, there is no optical cable at all.
Furthermore, electromagnetic signal moving through vacuum is faster than electromagnetic signal moving through cable, meaning marginally lower latency.
And lastly, throughput between satellites is virtually infinitely scalable. You can just launch more sats. Digging up and replacing optical cable with twice thicker bundle is a lot more hassle.