SpaceX has reached a definitive agreement with digital infrastructure investment firm Grain Management to acquire its nationwide 800 MHz spectrum portfolio. This acquisition would give SpaceX government-issued licenses granting the exclusive right to transmit wireless data over specific low-band radio frequencies across designated geographic areas. The deal would position SpaceX’s Starlink division to become a major mobile carrier. The announcement is lifting cell-tower stocks while pressuring shares of AT&T and Verizon.
Source: Read the original article

