AT&T, T-Mobile, Verizon, SpaceX competition
The gist
SpaceX agreed to buy up to 14 megahertz of 800 MHz spectrum from Grain Management.
The move puts Starlink on a path to compete with AT&T, Verizon and T-Mobile.
How it unfolded
- Oct 8, 2026SpaceX announced an agreement to acquire up to 14 megahertz of paired spectrum in the 800 MHz band from investment firm Grain Management, pending regulatory approval.
- Oct 9, 2026Verizon fell more than 10%, AT&T lost nearly 11% and T-Mobile slid more than 13% as investors priced in added competition.
- Oct 26, 2026Verizon reported Q3 EPS of $1.31, beating the $1.27 consensus, while revenue of $34.31 billion fell short of the $34.77 billion forecast.
Key terms
- spectrum
- The portion of the electromagnetic spectrum used for radio waves, typically 3 Hz to 3,000 GHz, for telecommunications.
- 800 MHz
- A portion of the electromagnetic spectrum covering frequencies from 790 to 862 MHz.
Source: Wikipedia