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SpaceX to Acquire Low-Frequency Spectrum for Mobile Communication Services
36Kr1 min read
SpaceX announced on Thursday that it has agreed to acquire a nationwide portfolio of low-frequency spectrum licenses. The company stated that the deal will enable SpaceX to leverage its Starlink satellite service to become a major mobile carrier in the United States. Shares of T-Mobile US Inc., Verizon Communications Inc., and AT&T fell by more than 5% each in after-hours trading on Tuesday.
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