SpaceX Looks to Buy Boost Mobile and Create the Fourth U.S. Wireless Carrier

Share

SpaceX is negotiating with EchoStar to acquire Boost Mobile or gain access to its network in an effort to become the fourth U.S. wireless carrier, according to The Washington Post. Boost Mobile sells low-cost plans by leasing AT&T’s and T-Mobile’s networks without owning any towers. The U.S. mobile telecommunications market is valued at $235 billion, and EchoStar has already sold a large portion of its spectrum to SpaceX for $17 billion. AT&T, Verizon and T-Mobile refuse to open their networks to SpaceX and may also withhold approval for the transfer of Boost’s network contracts in the event of an acquisition.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items