Unlike some of the simplex (one-way) satellite broadband services, which require a back channel to the ISP over a dial-up modem connection, Aramiska's service was two-way, meaning you really could access the Internet from almost anywhere - with a dish - in Europe.
Whilst BT provides a more expensive VSAT-based satellite broadband service, Aramiska's main attraction was its sub-100 euros pricing and a simple dish set-up.
Its demise means that a lot of companies have effectively lost their back-up Internet service. And for those unfortunates who used the service as their primary Internet access, they have a real problem.
So what happened?
It's difficult to work out what went wrong at this stage, but I'll bet a pound to a penny that the service simply ran out customers.
If you go back three or four years, when Aramiska first services were getting rolling, broadband was pretty much a city-only service in the UK and Europe.
Today, apart from really rural areas of the UK, you can get broadband for as little as a tenner a month.
And that same scenario is being played out across most of Europe, which is almost certainly why Aramiska ran out of customers.
I'm sure there will be a formal announcement about what went wrong at Aramiska in the weeks ahead, but the service will be sorely missed by many companies that used the service as a security back-up method of accessing the Net...