衛えい星せいラジオ

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Meanings

1

noun

satellite radio

Refers to radio broadcasting via satellite, as opposed to terrestrial radio.

星star, spot, dot

ラジオ
Generic term for radio; 衛星ラジオ specifically denotes satellite-based radio services.
地ち上じょう波はラジオ
Terrestrial radio, the conventional counterpart to satellite radio.

Compound of 衛星 (satellite) and ラジオ (radio), a straightforward modern term.