SpaceX says Starlink is set to become a "major mobile carrier" after spectrum deal

TL;DR

SpaceX's Starlink business will acquire radio airwave licenses to provide cellular service inside buildings.
The company aims to become a major mobile carrier in the U.S. with this acquisition.
The spectrum purchase from Grain Management requires FCC approval.
Low-frequency radio spectrum can penetrate walls, addressing a signal issue for satellite services.
Starlink Mobile has FCC approval to launch 15,000 satellites transmitting in the 2 GHz band for direct connection to mobile phones.
The deal caused telecom company shares (T-Mobile, AT&T) to decline.

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