Put those three together and maybe it’s possible to push physics to its limits. Faster networking, maybe 4x-5x capacity per unit compared to earth. Servicing is a pain, might be cheaper to just replace the hardware when a node goes bad.
But it mainly makes sense to those who have the capability and can do it cheaply (compared to the rest). There’s only one company that I can think of and that is SpaceX. They are closing in on (or passed) 8,000 satellites. Vertical integration means their cost-base will always be less than any competitor.