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SpaceX buys $17 billion EchoStar spectrum licenses

SpaceX has acquired $17 billion worth of spectrum licenses from U.S. operator EchoStar in a strategic move to strengthen its Starlink […]

Elon Musk’s SpaceX Acquires Spectrum Licenses For $17bn • Channels Television

SpaceX has acquired $17 billion worth of spectrum licenses from U.S. operator EchoStar in a strategic move to strengthen its Starlink network. Announced on Monday, the deal will allow EchoStar’s Boost Mobile subscribers to use SpaceX’s Starlink direct‑to‑cell service without needing a separate dedicated terminal.

The acquisition supports SpaceX’s plan to expand its direct‑to‑cell offering, which launched with its first satellites in early 2024. The service enables customers in remote areas to receive text messages, alerts, applications, social‑network updates and other messaging platforms. So far, SpaceX has partnered with ten operators across North and South America, Australia, Japan, Switzerland and Ukraine to provide these capabilities.

SpaceX notes that more than 50 % of the world’s landmass remains uncovered by terrestrial networks, underscoring the need for alternative connectivity solutions. The company remains committed to working with mobile network operators worldwide to deliver ubiquitous coverage and is developing the next generation of direct‑to‑cell constellations to achieve this goal.

The transaction has boosted EchoStar’s stock, with shares rising 22 % to $82 in pre‑market electronic trading on the New York Stock Exchange. The deal highlights the importance of collaboration between satellite and mobile network operators in extending connectivity to underserved regions. The partnership is expected to broaden the reach and capabilities of Starlink’s direct‑to‑cell service, offering more options for customers in remote areas. As demand for reliable, widespread connectivity grows, such strategic acquisitions and partnerships will play a crucial role in shaping the future of telecommunications.

Ifunanya

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