Reported about 17 hours ago
SpaceX has announced a $17 billion deal to acquire wireless spectrum licenses from EchoStar to enhance its Starlink satellite network and expand its 5G services. This agreement will allow SpaceX to build upgraded satellites that significantly improve mobile connectivity, especially in underserved areas. Following this transaction, EchoStar's Boost Mobile customers will gain access to Starlink's direct-to-cell service. The deal is also seen as a resolution to an FCC investigation into EchoStar's mobile-satellite service obligations.
Source: YAHOO