Verizon posts worst day since 2002 as SpaceX U.S. network plans whack cell provider stocks
SpaceX announced the spectrum deal Thursday, as the company aims to push deeper into the telecom market through its Starlink service.
CNBC reports: SpaceX announced the spectrum deal Thursday, as the company aims to push deeper into the telecom market through its Starlink service.
This business story centres on the United States. Names and organisations mentioned in the coverage include SpaceX U and Starlink.
Why it matters
Moves like this are watched by investors, employers and consumers because of their potential effect on markets and the wider economy.
Key details
- Location
- United States · Americas
- Reported by
- CNBC
- First reported
- Key names
- SpaceX U, Starlink
- Section
- Business
Sources
This is an independent summary. Read the full, original reporting from the publisher:
Read the full story at CNBCSpotted an error? Request a correction · How this summary was produced
Related Stories
Starlink spectrum deal boosts Musk plan to beat AT&T, T-Mobile, and Verizon
SpaceX will buy up to 14 megahertz of spectrum in the 800 MHz band from investment firm Grain Management, which bought the spectrum rights from…
Generative AI Still Needs Artists’ Judgment, Says Netflix’s Eyeline GenFX Chief James Rustad at Busan
Generative AI can widen the options for a visual effects shot, but artists still decide which of them serve the story, according to James Rustad…
Netflix’s ‘The Blue Road’ Director Han Jun-hee on Why Playing It Safe Is the Real Risk
When Han Jun-hee binge-watched “House of Cards,” the series struck him as a game changer.
AI Can Cut Film Budgets by Up to 40%, Says ‘The Outlaws’ Director Kang Yoon-sung, as Netflix Reveals Use on 300 Titles: ‘A Human Touch Is Absolutely Essential’
Netflix has used AI in one form or another on some 300 of its titles, Lee Sung-gyun, the streamer’s senior director of APAC production, told an…
Yemen’s Taiz under siege again as food and fuel prices rise
Houthi advances and the closure of vital roads into Taiz have triggered shortages, reviving memories of earlier siege.
UK savings: 5% interest rate deals may not last, say experts
Competition is hotting up, with National Savings & Investments lifting rates to the highest in years National Savings and Investments (NS&I) has…
Israel’s economy prospers despite years of war, but prices worry voters
Tech is driving the economy, and investments are flowing in.
Create new pre-apprenticeship scheme to close youth unemployment gap, says Milburn
Alan Milburn, who is leading a major review into Britain’s youth jobs crisis, will call for a new “national pre-apprenticeship route” to offer young…