ET 18:33

SpaceX in Talks for 80,000 US Cell Sites to Build Fourth Wireless Carrier

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CONF55%
Rumor

SpaceX is seeking at least 80,000 cell sites across the US and is negotiating with major tower owners, including Crown Castle Inc., to support its plan to build a fourth nationwide wireless carrier, people familiar with the matter said. Deal terms could be worth billions. Crown Castle CEO Chris Hillabrant, asked on a Wednesday earnings call whether the company is discussing leases with SpaceX or other satellite-based providers, said, "You can assume that we're talking to all parties," declining to comment on specific customers. American Tower declined to comment; SpaceX and Vertical Bridge did not immediately respond. Mobile carriers AT&T, Verizon and T-Mobile typically lease tower space rather than own it. SpaceX recently acquired low-band spectrum and won FCC approval to launch 15,000 satellites for direct-to-phone service. CEO Elon Musk said the moves "will pave the way for Starlink Mobile to become a major mobile carrier in the US."

ByTicklex Editorial