#StarlinkSpectrumDeal

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About StarlinkSpectrumDeal

SpaceX has agreed to acquire Grain Management’s nationwide 800 MHz spectrum portfolio, subject to FCC approval. Combined with its satellite network, the spectrum could help Starlink Mobile serve users from both space and the ground, and rely less on carrier spectrum partnerships. AT&T, T-Mobile and Verizon fell about 6.8%, 5.4% and 5% in after-hours trading following the news. Can Starlink become a direct mobile provider, and will new revenue cover the cost of building out its network?