Wells Fargo analyst Steven Cahall suggests SpaceX's expansion into wireless won't severely damage carriers but will pressure their pricing and margins. SpaceX's satellite-based network requires less ground infrastructure, meaning tower REITs and cable operators could profit quietly by leasing needed components. With SpaceX's growing subscriber base and new spectrum acquisition, the telecom landscape may shift, favoring infrastructure owners like Crown Castle and cable companies over traditional carriers. Investors should watch how this impacts stocks like SPCX, CCI, and TMUS going forward.
After SpaceX imposed speed limits on its Starlink satellite internet service that disrupted Ukraine's military drone operations, Ukraine's Ministry of Defense signed a letter of intent with Finnish companies Nokia and ICEYE to develop new satellite c...
Ukraine continues to experience restrictions on SpaceX's Starlink internet system, specifically the military-grade Starshield service, which limits drone speeds to under 100 mph. This throttling disrupts Ukrainian drone operations and limits their ab...
Citi projects SpaceX's Starlink will not launch a national wireless service until around 2029, positioning it behind established telecom giants like AT&T and Verizon. However, recent reports that SpaceX aims to secure 80,000 cell sites across the US ...
Shares of T-Mobile, AT&T, and Verizon fell sharply after reports that SpaceX is negotiating access to 80,000 U.S. cell sites, aiming to become a fourth national wireless carrier. This move would combine SpaceX's satellite service with terrestrial inf...
SpaceX is reportedly negotiating access to about 80,000 U.S. cell towers to establish a fourth nationwide wireless carrier, potentially disrupting the telecom market. While major carriers like Verizon, AT&T, and T-Mobile saw stock declines, tower own...
