SpaceX buys low-band spectrum to challenge US carriers
AI-generated briefing · First published
SpaceX will buy up to 14 MHz of 800 MHz spectrum from Grain Management to build a terrestrial mobile network alongside Starlink.
SpaceX announced Thursday it will acquire nationwide low-band spectrum licenses from Grain Management to support a planned terrestrial mobile network that will complement its Starlink cellular service. [1] [2]
The purchase covers up to 14 megahertz in the 800 MHz band that T-Mobile had been required to divest after its 2020 Sprint acquisition. SpaceX said the spectrum addresses a key technical gap for Starlink Mobile to become a major US carrier. [2]
AT&T, T-Mobile and Verizon shares fell sharply on Friday after the announcement, while SpaceX shares rose 1%. [1]
Sources
- SpaceX重磅出手挑战手机通信行业,美国电话电报、T‑Mobile、威瑞森股价遭遇重挫
Sina Finance · · Full text
- Starlink spectrum deal boosts Musk plan to beat AT&T, T-Mobile, and Verizon
Ars Technica · · Excerpt