SpaceX aims to enter the US telecom market and challenge AT&T, T-Mobile and Verizon‎

During an investor call on Tuesday, SpaceX announced its plans to build a mobile service network and enter the US market. This will put SpaceX directly against AT&T, T-Mobile and Verizon. SpaceX recently acquired 65 MHz wireless spectrum licenses from EchoStar for $19.6 billion, which will help the company expand its mobile services. And since the spectrum purchased from EchoStar has terrestrial components, "the rocket company" plans to use it to build a network and offer a true mobile service. Maybe SpaceX wants to pair its Starlink network with a ground-based infrastructure and...