Economy · World
SpaceX seeks low-band spectrum for US mobile service
SpaceX is seeking to acquire low-band spectrum for mobile phone service in the US, which would enable its Starlink satellite service to operate as a major mobile carrier. The Federal Communications Commission (FCC) is set to vote on auctioning 25MHz of 'prime spectrum', a move that could benefit companies like Amazon and SpaceX. This development has led to a slump in the stocks of AT&T, Verizon, and T-Mobile. The deal faces a technical hurdle and requires regulatory approval.
How outlets across the spectrum covered it
L 0 C 3 R 0
- Centre (3): CNBC, Forbes, The Hindu BusinessLine