Gadgets
SpaceX reportedly wants to buy Boost Mobile to compete with AT&T, T-Mobile, and Verizon
SpaceX is reportedly considering buying Boost Mobile from EchoStar to build a hybrid cellular-satellite network, which would help it compete with AT&T, T-Mobile, and Verizon in the US wireless market. The acquisition would give SpaceX access to terrestrial cellular services, allowing it to provide complete phone coverage in America. SpaceX has already acquired $17 billion worth of wireless spectrum from EchoStar and has been working with T-Mobile to provide satellite access to its subscribers. Elon Musk has also approached AT&T, T-Mobile, and Verizon about buying capacity on their networks, but was rejected. Boost Mobile has about 7.5 million customers and operates by leasing capacity from AT&T and T-Mobile, which may need to approve the deal.