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Elon Musk Says SpaceX Just Bought "the Last Critical Piece" Required to Take on the Wireless Giants. Here's Why It Will Need to Spend Billions More to Compete.

SpaceX has agreed to buy 14 MHz of paired spectrum licenses in the 800 MHz band from Grain Management for a reported $8 billion; these licenses were given up by T-Mobile in its Sprint merger. The spectrum suits long-distance coverage and building penetration, but its 14 MHz is less than one-third of Verizon's low-band holdings, so the article argues SpaceX would need much more spectrum and infrastructure to compete nationwide. The three major carriers recently formed a joint venture for satellite direct-to-device coverage, and their partnerships with SpaceX and AST SpaceMobile are noted. The article says the next FCC auction, scheduled for April, could raise prices for everyone and pressure the carriers' finances.

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