Elon Musk’s SpaceX is expanding Starlink’s push into the U.S. mobile telecom market.
SpaceX has agreed to acquire a nationwide low-band spectrum license portfolio, according to Reuters.
The move could put Starlink in more direct competition with major U.S. carriers.
After hours:
AT&T: -3.6%
Verizon: -3.0%
T-Mobile: -2.7%
The FCC also recently approved SpaceX’s plan for up to 15,000 Starlink satellites for mobile connectivity.
Starlink is moving deeper into the telecom industry.
$SECZB
$RLC
$JUP
SpaceX has agreed to acquire a nationwide low-band spectrum license portfolio, according to Reuters.
The move could put Starlink in more direct competition with major U.S. carriers.
After hours:
AT&T: -3.6%
Verizon: -3.0%
T-Mobile: -2.7%
The FCC also recently approved SpaceX’s plan for up to 15,000 Starlink satellites for mobile connectivity.
Starlink is moving deeper into the telecom industry.
$SECZB
$RLC
$JUP