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SpaceX seeks access to 80,000 US cell sites for wireless network, Bloomberg News reports

By CNA · Published by Everything Blog

In short

SpaceX is in talks with cellular infrastructure companies to secure access to at least 80,000 sites across the United States, potentially solidifying its path toward becoming a major wireless carrier.

Key points

SpaceX seeks access to 80,000 US cell sites to potentially build a fourth nationwide wire…: SpaceX seeks access to 80,000 US cell sites to potentially build a fourth nationwide wireless carrier.
The agreements could potentially solidify SpaceX's path toward becoming a major player in…: The agreements could potentially solidify SpaceX's path toward becoming a major player in the wireless infrastructure sector.

Sources checked by our analysis pipeline: 1

Oct 22 : SpaceX is in talks with cellular infrastructure companies to secure access to at least 80,000 sites across the United States, Bloomberg News reported on Thursday, citing people familiar with the matter.

The agreements would potentially solidify the company's path toward building a fourth nationwide wireless carrier.

• SpaceX, which is buying nationwide low-band spectrum, is in talks with mobile infrastructure provider Crown Castle, according to the report

• TD Cowen estimated a nationwide terrestrial network would cost more than $80 billion, requiring many years and billions in additional spending

• The 80,000 sites would equal half the 158,500 purpose-built cell towers operational in the US last year, according to the Wireless Infrastructure Association

• Crown Castle operates about 40,000 US cell towers, while American Tower has about 42,000 US sites; privately held Vertical Bridge owns around 18,000

• Crown Castle CEO Christian Hillabrant said on Wednesday it was talking to "all parties", when asked about potential leases with SpaceX and Amazon, but declined to discuss specific customers

• Crown Castle, American Tower, Vertical Bridge and SpaceX did not immediately respond to Reuters requests for comment

• Shares of wireless carriers AT&T, Verizon and T-Mobile fell between 4.2 per cent and 5 per cent in extended trading

Original source: www.channelnewsasia.com

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SpaceX seeks access to 80,000 US cell sites for wireless network, Bloomberg News reports

In short

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