Starlink is a constellation of low-earth orbit (LEO) satellites, not geostationary satellites. That means that the ground station (i.e. subscriber equipment) talks to one satellite as it comes into view, and over time that satellite moves across the sky, and they switch to another satellite. This means the latency is highly variable as the distance changes, but at its lowest is much lower than a geostationary satellite since it is far closer.
I believe it is what Americans call what might be called an Owners Corporation / Body Corporate / Apartment Owners Association / Management Company in other parts of the English-speaking world.