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Market Impact: 0.25

SpaceX Just Got Permission to Compete With AT&T and Verizon From Orbit

Source: 247wallst.com

Regulation & LegislationTechnology & InnovationAntitrust & Competition
SpaceX Just Got Permission to Compete With AT&T and Verizon From Orbit

The FCC has given SpaceX a path to provide satellite connectivity directly to phones without first obtaining permission from AT&T or Verizon. The carriers are responding before any satellite has launched; the article gives no timing, financial terms, or expected market impact.

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