I thought the biggest threat to satelites was space junk.
NORAD [north american radar air defence or stg like that?] scan space for space junk and can find anything above 4 incehs. I've heard.
also that satellites must occasionally {or regularly?] be moved out of the way of space junk which can be quite devastating if it hits: [a particle that almost destroyed a window on the shuttle turned out to be a speck of paint moving at several km/s from some space junk].
fiber optics are great.
i believe the usa and europe are linked fiber optically!
i remember 10 yrs ago calling the usa, there was a 4-5 second delay.
now it just as if the person is next door! and the bandwidth is pretty darn good
i think the big big advantage of satellites is that they allow for mobile communications, so that a tv crew in the middle of pretty much anywhere can set up a live tv feed to pretty much anywhere in the world. also for crazy people sailing across the atlantic, satellite phones are pretty handy! i don't see them being replaced. [at least not until the next big coronal mass ejection!]