June 26 (Reuters) – SpaceX has told investors it plans to launch a Starlink mobile service for U.S. \u200cconsumers, the Financial Times reported on Friday, in \u200ca move that could allow the Elon Musk-led company to compete directly with \u200bVerizon, AT&T and T-Mobile. <\/p>\n
Here are some details: <\/p>\n
\u2022 SpaceX already offers direct-to-cell connectivity with T-Mobile in the U.S., providing supplemental coverage from space to extend internet access to remote areas. <\/p>\n
\u2022 SpaceX is \u200cnow considering launching \u2060a Starlink retail product and could build its own terrestrial U.S. mobile network, President Gwynne Shotwell \u2060told investors during a recent IPO roadshow, the FT report said, citing sources. <\/p>\n
\u2022 Reuters could not immediately verify the report. \u200bSpaceX did \u200bnot immediately respond to \u200ba Reuters request for comment \u200coutside regular business hours. <\/p>\n
\u2022 In September last year, SpaceX bought wireless spectrum licenses from EchoStar for its Starlink satellite network for about $17 billion and then again for $2.6 billion in November, giving it the ability to quickly create a strong \u200cand affordable direct-to-cell service by \u200busing EchoStar’s wireless airwaves. <\/p>\n
\u2022 SpaceX will \u200bdisrupt the $1.6 trillion U.S. \u200bcommunications industry as its satellite broadband unit \u200cStarlink expands, brokerage firm Oppenheimer said \u200bin a \u200bnote earlier this month. <\/p>\n
\u2022 SpaceX’s record valuation is grounded in Starlink, which has over 10 million subscribers, and \u200ba launch business \u200cthat analysts and investors say has transformed access to \u200borbit. <\/p>\n
(Reporting by Anusha Shah in Bengaluru; Editing by \u200bSherry Jacob-Phillips and Rashmi Aich) <\/p>\n","protected":false},"excerpt":{"rendered":"June 26 (Reuters) – SpaceX has told investors it plans to launch a Starlink mobile service for U.S.…\n","protected":false},"author":2,"featured_media":726776,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[79,193,1513,8061],"class_list":["post-726775","post","type-post","status-publish","format-standard","has-post-thumbnail","category-space","tag-science","tag-space","tag-spacex","tag-t-mobile"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/726775","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=726775"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/726775\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/726776"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=726775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=726775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=726775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}