SpaceX in talks to access 80,000 cell sites for wireless network
The agreements would solidify the rocket and satellite giant’s path toward building a fourth nationwide wireless carrier.
WASHINGTON – SpaceX is engaged in negotiations with at least one major cellular infrastructure company to secure a minimum of 80,000 cell sites across the United States, aiming to establish a fourth nationwide wireless carrier, according to sources familiar with the matter. The discussions are currently private, with both SpaceX and the potential partner declining to comment on specific details. However, the value of these deals could potentially reach into the billions.
Crown Castle, along with American Tower and Vertical Bridge Holdings, are among the largest owners of cellular towers in the country. SpaceX's chief executive, Elon Musk, has been vocal about his plans to create a standalone wireless carrier, which would compete with existing providers such as AT&T, Verizon Communications, and T-Mobile US. SpaceX recently acquired low-band spectrum that will enable the company to leverage its Starlink satellites and other elements to create a major mobile carrier.
Musk stated during SpaceX's earnings call that the company will build out its terrestrial networks to provide broad-based connectivity wherever SpaceX and Starlink are permitted to operate. He emphasized that satellite launches and spectrum acquisition are crucial steps towards making Starlink Mobile a significant player in the US market.
The recent increase in tower companies' share prices following SpaceX's acquisition of low-band spectrum suggests that the market is anticipating substantial business opportunities arising from SpaceX's efforts to build extensive infrastructure for its new wireless network.
Written by urgent.news from Straits Times Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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