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The SpaceX $17 billion spectrum buy finally makes sense
TheStreet39d agobullish
The SpaceX $17 billion spectrum buy finally makes sense

SpaceX spent close to two years and nearly $20 billion buying wireless spectrum licenses that had nothing to do with rockets or satellite broadband. Analysts struggled to explain why a space company needed land-based mobile spectrum at all. That question now has an answer, and it puts the country’s ...

Reuters71d agobullish
Exclusive-European companies set to receive two thirds of future mobile satellite spectrum, rest for non-EU firms, sources say

The European commission ‌is set to ‌allocate two thirds of ​lucrative mobile satellite spectrum to European companies, with the rest ‌available ⁠for non-European rivals such as Elon ⁠Musk's Starlink and Amazon's low-earth-orbit ​satellite business ​Leo, ​people with direct ‌knowledge of the matter said on Tuesday. The EU executive will next year allocate ‌mobile satellite ​spectrum currently ​used ​by American ‌companies Viasat and EchoStar ​and ​which is due to expire in ​May ‌2027.