SPACEX IS COMING FOR T-MOBILE, AT&T AND VERIZON

SpaceX is preparing to build a terrestrial mobile network to "acquire quite a few" of the customers now subscribed to T-Mobile, AT&T, and Verizon. The message to compete head-to-head with the US carriers was delivered by SpaceX president Gwynne Shotwell and CEO Elon Musk during the Q&A section of the company's first earnings call.

The Verge reports that spaceX is preparing to build a terrestrial mobile network to "acquire quite a few" of the customers now subscribed to T-Mobile, AT&T, and Verizon.

The report adds: The message to compete head-to-head with the US carriers was delivered by SpaceX president Gwynne Shotwell and CEO Elon Musk during the Q&A section of the company's first earnings call.

"The spectrum that we purchased from EchoStar does have terrestrial components, so we definitely intend to build out the terrestrial component," said Shotwell.

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