Elon Musk SpaceX Telecom Acquisition
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Elon Musk is preparing a telecommunications "Armageddon" in the US - AT&T and Verizon are in SpaceX's sights, terrorizing competitors
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Elon Musk SpaceX Telecom Acquisition
The post Elon Musk SpaceX Telecom Acquisition appeared first on Coinpedia Fintech News SpaceX’s plans to expand into mobile services are raising concerns among major U.S. carriers, including Verizon, AT&T, and T-Mobile. Through its Starlink satellite network, the company aims to connect regular smartphones directly to satellites, potentially reducing reliance on traditional cell towers. After major carriers reportedly rejected network access req…
Telekom CEO Tim Höttges wants to take Elon Musk's announced mobile communications plans very seriously. In view of the ambitions of Tesla and SpaceX CEOs on the US mobile market, Höttges told RTL and ntv: "You have to take this seriously. We are a very big player in America. We are the number one in the US with our mobile network. And if he becomes a fourth player now, he will naturally try to gain market share." Höttges also pointed to the high…
SpaceX buys 800 MHz spectrum for Starlink to offer indoor mobile in the U.S. T-Mobile dropped 11% and AT&T dropped 7.4% after the announcement. Starlink wants to be a mobile operator in the U.S.: buy spectrum and threaten telecos aparece primero en Moncloa.
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