{"id":179765,"date":"2025-10-05T03:25:03","date_gmt":"2025-10-05T03:25:03","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/179765\/"},"modified":"2025-10-05T03:25:03","modified_gmt":"2025-10-05T03:25:03","slug":"musk-could-spell-the-end-of-big-telecom","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/179765\/","title":{"rendered":"Musk Could Spell the End of Big Telecom"},"content":{"rendered":"<p>Recent presentation with James Altucher explores how one breakthrough technology is threatening the $2.18 trillion industry<\/p>\n<p>Washington, D.C., Oct. 04, 2025 (GLOBE NEWSWIRE) &#8212; Telecom giants like AT&amp;T, Verizon, and T-Mobile have dominated America\u2019s internet landscape for decades. But a new presentation featuring bestselling author and tech entrepreneur James Altucher suggests that a major shift is underway.<\/p>\n<p>&#8220;In short, Starlink is the radical new future of the internet.\u201d<\/p>\n<p>Altucher points to Elon Musk\u2019s satellite internet system as a direct challenge to the legacy infrastructure that consumers have long depended on. <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=JSR3KUh1KgX5gePkEVmi79cWfQFI066wxGhP-9oIVTwwzJ1emcxXk-cqmcyxBRaDmNtmOqr2V-z6Zm7bi4IqPmZPE0hSgRcjSbx4LvPu_Rrr6VU5IKs5cCyrRUb_aflR5mF6HS7K5yxAvu9oA_copDMo_KZK7rlHHPtzxfatLGdkQbIdBigNEgjODY1FzURFu4RnFK95nkHuQ27EnP0XiaOgsvK8swZo_4tRgyyvf5SRg-u_uqgypfPGkyXGiGCzSdhRb1wEnsHERnxdu7Or0b8fRlBELlSA3xDizakv5ymoroG4DFEUDZDTmfw9GhJ4NncOuidGG_syky6Z0cPstB-lfZksH5CzN80n-hemryfOd87HMF2yRFPuu9CHmMZiMeuyVUqnsFGWlnQhpWtG8isBW2AlananLnEAbA-xOS9GFMlQdSC2yPYMuyzALEWZ\" rel=\"nofollow noopener\" target=\"_blank\">&#8220;For the first time ever, the company has cut out all traditional wireless networks and internet providers\u2026 And instead, it beams fast, reliable, unlimited internet through the air\u2026 directly to your device, and to the devices of millions of users worldwide.\u201d<\/a><\/p>\n<p>Consumers Frustrated, Costs Rising<\/p>\n<p>Get the latest news<br \/>\n                <br class=\"br-line\"\/><br \/>\n                delivered to your inbox<\/p>\n<p>Sign up for The Manila Times newsletters<\/p>\n<p>            By signing up with an email address, I acknowledge that I have read and agree to the <a href=\"https:\/\/www.manilatimes.net\/terms-of-service\" title=\"Terms of Service\" rel=\"nofollow noopener\" target=\"_blank\">Terms of Service<\/a> and <a href=\"https:\/\/www.manilatimes.net\/privacy-policy\" title=\"Privacy Policy\" rel=\"nofollow noopener\" target=\"_blank\">Privacy Policy<\/a>.<\/p>\n<p>Altucher argues that the timing couldn\u2019t be better for disruption. &#8220;Did you know that here in America you\u2019re paying more than any other country\u2026 for internet service that ranks among the slowest in the world?.\u201d<\/p>\n<p>He cites growing frustration with rising costs: &#8220;News even came out recently that here in America, Comcast is raising costs of their service at four TIMES the rate of inflation. Does that seem fair to you?\u201d<\/p>\n<p>With Musk\u2019s alternative already in place, Altucher believes consumers now have leverage they\u2019ve never had before. <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=328EU4gIjdNLCEi9GX8KLxjDWuMKo8y-qhyIRTQufjLFGvdcovIZD2b0UDHRSIZuZWGb439ChHPVGVhGG76mAr83LR1XpEHOOAs3nQ4asZ2AsPjn6Xh1sskgzBclYJDNHj2p1358Yn836jR_zItMS_ueAIIYlSqhm2CE6jy3kxoH75SrNTIOnWlBwBqHBbUPbcxSaR10oWp3sn3xmA4faQ==\" rel=\"nofollow noopener\" target=\"_blank\">&#8220;Luckily, thanks to Elon\u2019s innovation, that\u2019s finally becoming a thing of the past.\u201d<\/a><\/p>\n<p>Global Reach, Everyday Use<\/p>\n<p>Starlink\u2019s rollout is no longer hypothetical. Musk\u2019s technology is already reaching millions of users across industries and continents. &#8220;It\u2019s being used on almost every cruise ship and plane in the world\u2026 It\u2019s being used in the Ukraine conflict, where all other access to internet service has been cut off\u2026 It\u2019s even being used in more than 2.6 million households.\u201d<\/p>\n<p>The coverage is designed to extend everywhere: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=30MPuyrVdze-lR_i95T5KRmaleeAB04T9QEWfUhQQxd1AtgtYMr3dpv0DUH1SD4lqgHHNI1Hrg1F6ClpP3NNK5L006a1sgvPb4XjNEri9l22TSKI6UK4rC8T50U60WTCaU4QqkVl0R6LRmXNkyQCt-iCctiNitLFN7XtdFRsK48AXiRCXdvfbxONxDAbqjiOUKlvXWre0VU4qpWSaxbp4i3mChhMkrq7igg4jLToyFsFVr1OGUmE7jIkY4CCJLOewPa_E_BAl9KukDbqjGXGUw==\" rel=\"nofollow noopener\" target=\"_blank\">&#8220;Elon\u2019s satellites are designed to wrap the Earth, forming a network to deliver lightning-fast internet to every inch of the planet.\u201d<\/a><\/p>\n<p>From rural cabins to major cities, Altucher suggests the implications are clear: &#8220;For Consumers Like You and I, Elon\u2019s Starlink Is a Godsend\u2026 For the $2.18 Trillion Telecom Industry, It\u2019s Their Worst Nightmare.\u201d<\/p>\n<p>Connecting the Unconnected<\/p>\n<p>Beyond disrupting entrenched U.S. providers, Altucher highlights Starlink\u2019s potential to bring service to billions of people worldwide who currently lack access. <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=vJf_-rookBP91GIwStke0HEbMXbX7OB74FpZS9ymT5Qyx_ZMTG9I7RrIZr5Qp_HKimv6emxwBj20b0gE6bpyf48uH4Tc6MQ8sJXDNSjo4MUmrA3eTmLuaGGXA6W9H88EfNEgFpCth_9OwjU8Bgb_W-gIHxtou-Ba1xYVzcjdH7AanfkJolUrERQC_KViw0oflOqRbY6_xyd3IPdFLk-dLnd6rre9pAmtSF2u4soMT9RJ3eiZKPJ8B8eb0izA41bh54d5JhlBljH3dENAKq1HR1hwt1ZDsldQUFAMGyGmm2Q7Dk5_BzKPiNvO-k_VSRbU8Izofa5aZgu6vZFF62ADmMotzxt8HqnJjIskhMwYn8w=\" rel=\"nofollow noopener\" target=\"_blank\">&#8220;There are 2.9 billion people globally who do NOT have any access to the internet, whatsoever. And by connecting these people\u2026 it could help unlock an incredible amount of additional economic value.\u201d<\/a><\/p>\n<p>He frames this as more than just a business story &#8211; but a societal turning point. &#8220;Because Starlink\u2019s internet comes to you directly from space, it can reach anywhere in the world\u2026 no matter how remote it is.\u201d<\/p>\n<p>Why the Stakes Are So High<\/p>\n<p>Altucher believes history offers a blueprint for what happens next. &#8220;After AOL introduced internet access via dial-up connection\u2026 their stock soared a rare, massive 81,844% in about seven years.\u201d<\/p>\n<p>He explains that each leap in internet infrastructure has reshaped both daily life and the companies that dominate it. <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=drAwyMYOiJ6XVihPGgsADoVXj80LBhS_NC0M8zYSO7mBQg2s49ZVDx9ajZdU8VF617JxGGiIN-3FpmMYBa4aEg83ie9u4Fuhvnd6gJc9KPeCsVVeladTFTGRpF_71Mpcy3kt7MYWY1PXOiBmXQwvssPbhI0MQnnqixBdabTumxntnSvFAD1ICDR2FwoBeid7qXJyACPDSnp_DFC70jMcQO323pBUgDvongy2k_eKAdvkWEGoGSl-Lvsqpk1L3ZjT\" rel=\"nofollow noopener\" target=\"_blank\">&#8220;Whenever the internet takes a huge leap forward\u2026 untold amounts of wealth are made over time by folks who see it coming.\u201d<\/a><\/p>\n<p>While Altucher avoids predicting exact outcomes, his message is clear: Starlink is positioned to redefine the internet &#8211; and leave Big Telecom behind.<\/p>\n<p>About James Altucher<\/p>\n<p>James Altucher is a bestselling author, entrepreneur, hedge fund manager, and venture capitalist. He has been &#8220;recognized as one of the best venture capitalists, angel investors, and tech entrepreneurs in the world.\u201d<\/p>\n<p>Altucher has a long history of identifying transformative shifts early. In 2013, he declared that Bitcoin was the future\u2026 when it traded at just $114.\u201d He also predicted Facebook would be worth $100 billion when it was still just a small startup. Today, more than 150,000 readers follow his work through Altucher\u2019s Investment Network.<\/p>\n<p>CONTACT: Derek Warren<\/p>\n<p>Public Relations Manager<\/p>\n<p>Paradigm Press Group<\/p>\n<p>Email: <a href=\"https:\/\/www.manilatimes.net\/cdn-cgi\/l\/email-protection\" class=\"__cf_email__\" data-cfemail=\"620615031010070c2212031003060b050f121007111105100d17124c010d0f\" rel=\"nofollow noopener\" target=\"_blank\">[email\u00a0protected]<\/a><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/10\/James-Altucher-Tech-Investor.png\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"Recent presentation with James Altucher explores how one breakthrough technology is threatening the $2.18 trillion industry Washington, D.C.,&hellip;\n","protected":false},"author":2,"featured_media":10698,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[28030,16927,79767,1638,13934,4995,79766,86,20082,1777,56,54,55],"class_list":["post-179765","post","type-post","status-publish","format-standard","has-post-thumbnail","category-internet","tag-big","tag-could","tag-end","tag-internet","tag-musk","tag-of","tag-spell","tag-technology","tag-telecom","tag-the","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/179765","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=179765"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/179765\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/10698"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=179765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=179765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=179765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}